To provide some much-needed assistance with these responsibilities, more and more people are turning to Caring Transitions—a franchise designed to assist families through the process, filling a unique and in-demand niche in the marketplace.
BY: MEGAN FERRINGER
Editor - Caring Transitions Contributor
Within the past two decades, the world population has aged at never-before-seen rates. By 2050, estimates show there will be more than two billion people over the age of 60 worldwide. As a result, the families of these aging seniors often find themselves tasked with the logistics of helping their loved ones age comfortably with a smooth transition into life’s next stage.
To provide some much-needed assistance with these responsibilities, more and more people are turning to Caring Transitions
—a franchise designed to assist families through the process, filling a unique and in-demand niche in the marketplace.
, which was founded in 2006 and began franchising that same year, exists to reduce family stress and anxiety by providing expert guidance on all phases of transitioning, including senior relocation, de-cluttering a residence, downsizing a home, preserving family heirlooms, space planning for a new residence, facilitating the distribution of items to other families, and organizing estate sales. To date, with more than 155 locations, Caring Transitions serves hundreds of families throughout the United States.
"Everyone will experience a 'triggering event' at some point in their lives that will put them into a difficult transitioning state—whether that be moving your loved one to a new home, divorce, downsizing due to the economy, or death," said Caring Transitions President Chris Seman. "Caring Transitions provides a distinctive and valuable service so individuals can ensure that all phases of transitioning are handled properly, and at the same time they won’t need to deal with the emotional and physical stress that comes with transitions."
As the demand for Caring Transitions’ services continues to grow, the brand is gearing up its franchise development to reach more families than ever before. So far this year, Caring Transitions has added 23 new franchisees. And with a goal to welcome 50 additional franchisees by the end of 2016, the brand is now looking for experienced entrepreneurs to help lead the charge.
With more than 20 years of franchising experience, Caring Transitions puts their knowledge to work to help their franchisees succeed. Caring Transitions’ franchisees benefit from large, exclusive and protected territories; a well-regarded brand that consistently earns top honors in franchise satisfaction; a variety of online and offline marketing materials personalized for each franchisee’s local needs; and lead referral systems to ensure owners reach new customers.
The total investment necessary to begin operation of a Caring Transitions franchise is from $58,112 to $85,812. This includes $44,900 to $49,900 that must be paid to the franchisor or an affiliate (depending on whether we finance a portion of the initial franchise fee).
"It’s not enough to have a solid business model and strong market demand for your services. Those things are essential, but without a strong support team and proven systems, building your business is an uphill battle," said Seman. “We know that our success hinges on the success of our franchisees. It’s our job to give the support and resources they need to thrive."
According to Seman, successful franchisees are motivated and compassionate individuals who want to help others and build a great business by following Caring Transitions’ proven system.
"This is a business that allows franchisees to directly affect the lives of people in need in a positive way. There is a lot of nurturing and education that needs to go into it in order to effect a transition that is as least disruptive as possible," said Seman. "Caring Transitions isn’t a new company, and we’re not cashing in on any short-term fads. The way the world is living is changing, and senior assistance is something that people will continue to need for decades to come. Caring Transitions is at the forefront of this cultural shift."