Home health care is one of the most profitable franchises

USA Today explains that a new report lists home health care as one of the top five most profitable franchises in the U.S. even as the industry fights new Dept. of Labor rules calling for mandatory overtime and minimum wage requirements for home health employees.

“Franchise Business Review, a market research firm, found that the median amount paid for a new franchise in 2012 was about $66,000, and the “potential return on investment is significantly higher than many other franchise businesses.”

The company surveyed home care owners two years ago and found the fairly new industry was growing fast, but this report, company President Michelle Rowan said, shows it’s not just a trend. “It’s a very strong business,” she said. “It was neat to come back two years later and see that they’re still performing well.”

Read more:

http://www.usatoday.com/money/industries/health/story/2012-05-03/home-health-care-a-profitable-franchise/54813562/1

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About UWF Center on Aging

The Center on Aging at the University of West Florida was established in the Fall of 2010 when the School of Psychological and Behavioral Sciences faculty along with assistance from Sponsored Research submitted a grant to the State University System Board of Governors in support of aging initiatives for Northwest Florida. Its mission is to improve the quality of life of aging adults through the application of science to address challenges associated with aging and to promote healthy aging, with an emphasis on prevention. This will be accomplished through inter-disciplinary and inter-professional efforts of basic and applied research, consultation, and partnerships with community agencies. Education and training, direct services to the aging population, and public awareness and understanding of the contributions and needs of elders will be primary objectives.
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