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Right at Home Apart of Franchising Boom

Senior care franchises like Right at Home are part of the red-hot franchising world.

By Brian Jaeger<p>1851 Contributor</p>
SPONSORED 4:16PM 11/05/15
The November issue of Delta Sky magazine said the franchise industry is booming, thanks in part to the number of diverse franchises available to interested entrepreneurs. The article mentions a few different sectors of the industry that excel, including personal service franchises such as Right at Home.
 
Right at Home, which has 480 units in eight countries, is part of the fastest growing sector of personal service franchising, senior care. Eric Stites of Franchise Business Review told Delta Sky this trend is because of the growing population.
 
“With the baby boomers, there’s continual growth in the aging population,” Stites said. “This will continue for another decade.”
 
Right at Home president and CEO Brian Petranick was quoted in the same article expounding that this wave of popularity for personal service franchises is not just contained in the United States.
 
“Actually this is a global trend,” Petranick said. “We’re seeing that everywhere, even in markets where there’s more socialized medicine, they’re recognizing that health care costs are increasing dramatically as the next generation ages. The best and most inexpensive place to take care of an elderly patient is in their home if it’s the right environment.”
 
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