Wall Street Journal recognizes Home Instead Senior Care

Stephen Tweed | February 13, 2008 | Newsroom
The Wall Street Journal created a list of 25 high-performing franchise companies. Home instead Senior care was the only home care company on the list. Here's what they said about Home Instead.Home Instead Senior Care, the franchise on the list with the highest average net-income growth, has benefited from the rise of the elder-care industry…

The Wall Street Journal created a list of 25 high-performing franchise companies. Home instead Senior care was the only home care company on the list. Here’s what they said about Home Instead.

Home Instead Senior Care, the franchise on the list with the highest average net-income growth, has benefited from the rise of the elder-care industry and is poised to serve a large demographic: baby boomers.

The franchise, which offers senior home-care services, is owned by Home Instead Inc., Omaha, Neb. Net income for the company’s 705 franchises was up 331% over the past three years.

“The trend is still growing in the senior-care market,” says Lori Kiser-Block, president of FranChoice Inc., a franchise broker firm from Eden Prairie, Minn. “People still need some help with their parents and need somebody to help them within their home or living outside their homes or living with assisted services.”

An estimated 36.8 million people, or about 12.4% of the U.S. population, are 65 and older, according to the U.S. Census Bureau’s 2005 data. And that number is expected to double in size within the next 25 years.

Stephen Tweed
Stephen Tweed, CSP, began his journey as a business strategist in home health care in 1982. Today, Stephen is among the top thought leaders in Home Care strategy and management. He has worked with top 5% companies from across the US. He is a sought after speaker at from national and state association events.

Related Posts

The Forces and Trends Shaping the Future of Home Care.

May 14, 2024
By Stephen Tweed What will the Home Care Industry look like in five years? Over the past two decades I've been actively engaged in the Home Care Industry, and monitoring the Forces and Trends that are shaping the future of our industry. While much of the growth of Home Care is driven my the entrepreneurial…

What will the Future of Home Care Look Like?

May 4, 2024
What will your home care company look like five years from now? What will our industry look like? What are the factors that are shaping your future? These are some of the questions that were asked by our friends at AxisCare, the top rated home care software company. Back in the Fall of 2023, AxisCare…

What Raving Fans have been saying about Stephen Tweed

May 1, 2024
Stephen Tweed is a highly respected thought leader in the Home Care industry. Recently, in an unsolicited Linked In post, a number of raving fans commented on Stephen: "Stephen Tweed is a prominent figure in the home care industry, known for his pioneering efforts in establishing masterminds specifically catered to home care owners across the…