THE CARE FACTOR
This is a favourite of ours. In 2017 there were 3.8 million people (15 per cent of the Australian population) aged 65 or over and, according to AHW, in June 2018 more than 780,000 individuals were accessing grants for home-support services.
This market is just going to keep growing.
It’s been a slow-burner but now the flame is spreading, as business-minded individuals see the potential in a home-care franchise offering stay-at-home solutions for the aged and people with a disability. Improved regulations around home-care packages have helped drive this. Just look at how Home Caring is expanding with its community-focused approach.