Senior Care Authority

Many of the best franchise opportunities have long-term, consistent customer bases and revenue streams. Senior care is a growing industry because people of the Boomer generation live longer and require additional medical and live-in-home assistance.

If the complex healthcare system has attracted you before, or if you believe you have what it takes to succeed as a business owner in this arena, you should consider starting a Senior Care Authority franchise.

The Senior Care Authority brand’s award-winning and provides you with access to several revenue streams in a growing industry.

As a senior care business, Senior Care Authority (helmed by founder and CEO Frank Samson) provides many different care options and care services, including:

• Senior placement services and residential care.
• An ElderCare Consulting program.
• Exclusive Beyond Driving with Dignity program.
• Employee Assistance Solutions for Eldercare.
• Support for seniors in need of in-home care and their loved ones or caregivers

In other words, your franchise location will provide seniors with everything they need to make informed, beneficial decisions for their golden years. Read on to learn everything there is to know about starting a Senior Care Authority franchise.

Related: Considering franchise ownership? Get started now and take this quiz to find your personalized list of franchises that match your lifestyle, interests and budget.

Why should you start a Senior Care Authority franchise?

There’s much to like about Senior Care Authority as a prospective Senior Care Authority franchise owner.

For starters, you’ll have a competitive edge in your community, even if it has plenty of other senior care businesses. Senior Care Authority provides franchisees with multiple revenue opportunities, like consultation and driving services.

With these different services, your client base will be more satisfied with your franchise location. It’s a proven system for senior placement assistance and memory care, and the low overhead makes it a relatively efficient and low-cost franchise ownership opportunity.

On top of that, Senior Care Authority provides various financing options to help you get started with your senior living franchise business. This makes it easier to begin your own franchise location if you don’t have much money saved up.

Then you must consider the concierge service and personal support offered to clients and families. If you carry it out properly, this concierge service philosophy will result in a loyal customer base that will stick with you for decades.

For example, you could serve one family’s aging members for a few years, then continue serving the rest of the family members as they grow older.

Even better, Senior Care Authority offers a lead referral system, helping you reach new customers. The referral partner-building program utilizes proven strategies to help drive leads and ensure that your business grows and scales with time rather than stagnating.

Reputation matters greatly in this industry, but a lead referral is a significant way to get new clients and expand your business.

Then there’s marketing to consider. Senior Care Authority, as a franchisor, provides online and offline marketing materials personalized for local or target market needs.

As a result, even though you will be part of a major national brand, your target audience base won't feel that way. Your materials will be local and emotionally resonating with the people they're designed to reach.

Does Senior Care Authority grant exclusive territory?

Another significant benefit of becoming a Senior Care Authority franchisee’s territory exclusivity. Senior Care Authority provides all franchisees with extensive exclusive territories that do not permit direct competition between branded locations.

This is an imperative advantage, especially because only a limited number of senior citizens can contact and provide services. Thanks to your territory exclusivity, you can focus on providing top-notch care to each client rather than trying to differentiate yourself from other franchisees.

In your business opportunity territory, you’ll provide living options to seniors, advocacy for their choices and skilled nursing assistance through your staff.

What are current franchisees saying about Senior Care Authority?

Because of the benefits mentioned above, most current franchisees love working with this franchisor. Senior Care Authority franchise reviews are universally positive, noting excellent training, on-the-job coaching and the revenue consistency of multiple income streams.

Revenue can be a significant sticking point in many franchise opportunities, particularly in the long term.

Because Senior Care Authority offers senior placement services and a variety of consulting programs and ancillary products, franchisees can offer a lot of value to their target client base.

As you become more skilled in marketing to your client base, you may find – like many reviewers – that your revenue grows year-over-year, especially as you prove that you care about your clients and are committed to providing them with satisfactory experiences.

Related: Family of Restauranteurs Sign On as Senior Care Franchisees

What support resources does Senior Care Authority offer franchisees?

To ensure your new franchise location succeeds, Senior Care Authority provides various support resources for your benefit.

For example, Senior Care Authority will help with marketing from start to finish through email marketing assistance and website development. Hence, your site is intuitive and easy for your target audience to navigate.

These marketing channels will quickly help you bring new people to your Senior Care Authority franchise location.

After your business is running, Senior Care Authority gives you proprietary software and a franchisee intranet platform so you can connect with corporate and run your business successfully.

Even on the first day of your business’s operations, on the grand opening, Senior Care Authority will help and make sure that everything goes off without a hitch for the first week or so. A toll-free line and safety and security procedure assistance round out the support resources this franchisor offers.

Related: Trend Watch: Senior Care Franchises

How much does starting a Senior Care Authority franchise cost?

If you’re considering starting a Senior Care Authority franchise, you should know what it costs beforehand.

To begin, you must pay an initial franchise fee of $52,500. Your net worth should be $150,00, and you should have about $50,000 in liquid capital.

Expect your total investment to range from anywhere as low as $70,000 or as high as $100,000. That's still very accessible for many aspiring entrepreneurs.

Regarding fees, you must pay a low ad royalty fee of just $850 per month. Your royalty fees are a little higher, at 8%.

However, after 10 years and your term of agreement expires, you can potentially renegotiate this element for a lower royalty fee if your business has been performing well in the senior care industry.

Does Senior Care Authority offer financial aid?

Yes. Senior Care Authority provides a veteran incentive through no royalty fee requirements for the first year of operations.

Since it may take some time to develop your income streams, this can be a significant benefit to ensure you stay in the black and build up a good savings nest egg before you start paying royalty fees.

Even if you aren’t a veteran, Senior Care Authority provides you with contact information for third-party lending sources to help you cover startup costs and the franchise fee.

You should have no trouble getting the financial aid you need to make your business dream a reality.

Related: Why Leeza Gibbons Just Bought a Senior Care Franchise

How much training is required to open a Senior Care Authority franchise?

Senior Care Authority also provides lots of training and support for new franchisees. These take 70 hours of classroom training and 44 hours of on-the-job training in home-based long-term care.

The classroom training will break down the basics of running a senior care business if you don’t have experience already. The on-the-job training will help you understand the ins and outs of this unique business model, covering topics like marketing, lead selection, senior care and assistance and networking with medical providers.

All that training will ensure you are well-equipped and ready to provide stellar services and consultations for your leads once they arrive.

Remember, long-term relationships and consistency are everything in this business. Senior Care Authority’s training emphasizes that – the last thing you want is to provide less than stellar service to your clients and for your reputation to plummet in response.

Related: Senior Care Franchises Among the Fastest-Growing Systems

Start a Senior Care Authority franchise today

As you can see, starting a Senior Care Authority franchise location could be a great idea.

Check out Entrepreneur’s other articles for more information about Senior Care Authority and other franchise opportunities.