Caring Transitions as an Encore Career
Work in the second half of life that combines continued income with pursuing a personal purpose or passion is oftentimes referred to as an encore career. And these types of careers are quickly growing. For many, being fully retired is not as appealing as it once was. In fact, according to data from the U.S. Bureau of Labor Statistics, 13 million Americans age 65 and older will be in the labor force by 2024.
Some choose an encore career in order to maintain a daily routine and reap the financial benefits or due to a need for secondary income to ensure the now-longer retirement years are provided for. Whatever the reason, franchise ownership can help meet these needs while also offering autonomy and flexibility. After all, owning a franchise allows an individual to work on their business without working in their business.
The Benefits of Franchising as an Encore Career
Franchising can be an attractive investment for experienced executives, prior business owners, retired military professionals, and individuals with a variety of life experiences who have the proven leadership skills needed. And with low start-up and operating costs, franchise ownership may be the most straightforward path to owning a business that you are passionate about.
As a Caring Transitions franchise owner, you can enjoy the best of both worlds: the independence and fulfillment of owning your own business along with the support, knowledge, and tools of a national company.
“With a reputation for trust, compassion, and professionalism, combined with the infrastructure and operational and marketing support provided by the corporate team,” Caring Transitions Brand President, Ray Fabik, says, “new franchisees can expect to be the #1 name in their community when it comes to senior moving assistance.”
Things to Consider About Franchise Ownership
While you certainly should be passionate about this next phase of your professional journey, it also is important to be realistic about what franchise ownership as an encore career entails.
- Consider which of your skills will make you successful.
- Spend time each day working towards your goal of launching your business
- Take advantage of the resources available to strengthen the foundation of your business.
When you buy into an established franchise you’ll have an ongoing relationship with the franchisor. Along with an established name, you’re buying the background and reputation of the business, as well as their relationships with vendors, media contacts, and more. Caring Transitions provides franchise owners national brand power, multiple revenue streams, turnkey marketing campaigns, and low start-up and operational costs.
But more than that, it is the opportunity to make a lasting impact on your clients. “Knowing that you are able to step in and provide that support for them during that very difficult period is just huge,” says franchise owner Dennis Begg.
Owning a Caring Transitions franchise has never been easier and you can be up and running in just a few months. Once you request information, our franchise director will answer all your questions and help you to learn more about the business so that you can decide if it is the best fit for you to meet your goals. We make the Steps to Ownership simple and straightforward so that you are comfortable making the right decision for your future.