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Stages of Senior Care: Awareness is Key for an Industry Poised for Major Growth
According to a new study of seniors and their adult children, nearly three-fourths of 35- to 64-year-olds could name no more than two of eight senior care options available, making awareness paramount for an industry poised for major growth. To raise awareness of the senior care industry and to aid family caregivers, Paul and Lori Hogan, founders of Home Instead Senior Care, share their experiences as both family caregivers and senior care professionals in the book Stages of Senior Care: Your Step-by-Step Guide to Making the Best Decisions.
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Layoffs Inspire Elderpreneurs: A New Generation of Mature Business Owners Tackle the Recession Head-On
This recession has hit older workers the hardest. The Bureau of Labor Statistics reported that in July 2009, there were two million unemployed workers age 55 and older, an increase of 88 percent since July 2008. However, there is a generation of mature workers who are unwilling to let the recession slow them down. They are the new “elderpreneurs” who have turned inward for their own success.
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Family Caregivers Feel the Heat Stressed Family Caregivers Look to In-Home Care Providers for Help
A recent study conducted by the Boomer Project for the Home Instead Senior Care® network of more than 1,600 adult caregivers revealed that nutritional risk factors for seniors are indicators of the stress levels of their caregivers, heightening the growing demand for in-home, non-medical care providers.
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Crisis in Aging: More Seniors, Fewer Workers Threaten the Ability of Connecticut’s Seniors to Stay Home
A recent study funded by the Connecticut Legislature based on surveys of 6,268 Connecticut residents and 500 long-term care providers, found that community-based services such as home care were inadequate to meet the needs of Connecticut’s seniors or people with disabilities. Overall, more than one-third of the respondents reported they could not get all the services they needed to live in the community. At the same time, 80 percent said they would like to continue living in their homes with home health or homemaker services.
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Franchise Satisfaction an Important Indicator Of Future Business Success
The level of current franchisee satisfaction with any franchise is a primary leading indicator of future success," said Eric Stites, President and CEO of Franchise Business Review. "Franchisee satisfaction is critical for anyone looking to invest in a franchise business."
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Senior Care Franchises Demand Projected to Grow
Recent reports from the U.S. Bureau of Labor Statistics indicate a continuing need for in-home senior care services and a growing demand for companies that provide those services.
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