Home Helpers, the nation’s leading senior care franchise specializing in non-medical and personal care and companionship, has been named the No. 1 Senior Care Franchise in Entrepreneur magazine’s Franchise 500® for the fifth straight year and No. 63 overall.
The rankings for all 500 companies are determined using an exclusive formula that takes into account objective and quantifiable factors, including financial strength and stability, growth rate and size of the system. The franchises that continue to thrive despite a tough economy are those that serve a budget-minded consumer and boast low start-up costs.
“The Entrepreneur rankings are both humbling and gratifying,” said Emma Dickison, president of Home Helpers. “It is an honor and milestone to be recognized by such a prestigious publication. The long-standing recognition speaks volumes about our business and the services we continue to provide franchisees and clients.”
With the aging of Baby Boomers and their parents, the demand for non-medical and personal care continues to grow exponentially. Home Helpers has shown steady unit growth even in the tight economy. The company’s financial strength ranking jumped from No. 70 in 2009 to No. 63 this year.