We’re all getting older. There’s just no getting around that! There are now 48 million senior citizens in the U.S, with that number expected to reach 80 million in just 15 years, according to U.S. Census estimates. As all these seniors age, many will require assistance to stay in their own homes. That’s where this new business opportunity comes in – starting your own senior home care business.
Senior home care providers help with everyday non-medical household chores that may be difficult or impossible for many seniors, like meal preparation, light housekeeping, shopping and errands or help with bathing or dressing.
Starting a senior home care business is certainly not a get-rich-quick scheme. But it can provide a solid, dependable income, and the personal satisfaction from helping others. Plus, there are no classes to take or expensive start-up costs. You won’t need to buy a franchise or go deep into debt getting your business up and running. You may already have some personal experience caring for a relative or friend, and you enjoy helping others.
As the owner of your own home elder care business, you’re in charge. You schedule your day, and work as many hours as you want. Many caregivers work only twenty or so hours a week to accommodate other family obligations, while others prefer to work full-time.
Rates for senior home care providers range from $20 to $35 an hour nationally. Rates are higher in large cities and lower in small towns and rural areas where the cost of living is lower. Remember, by starting your own senior home care business, you can charge the “retail” rate in your area – a big jump from the much lower rate paid to an employee. Instead of $12 per hour, for example, you could earn $22 an hour – the average national rate. Best of all, senior care is a recession-proof business. People grow old and require in-home care regardless of what the national economy is doing.
As people age, they need a little help doing the things they used to be able to do. Starting your now senior home care business is a great way to provide that help for seniors in your area, make a nice income, and feel good doing it. You’re providing a service that benefits both you and them. Plus, you’re in charge of your career and your life. Simply put, it’s the perfect business opportunity for a caring person. To learn more about starting a senior home care business, read How to Start A Senior Home Care Business.