BURKBURNETT, Texas–(BUSINESS WIRE)–Might 4, 2021–
HomeWell Franchising Inc., one of many nation’s main non-medical in-home care franchisors, immediately launched its Q1 2021 franchise improvement and monetary outcomes. Regardless of the pandemic nonetheless sweeping the nation and the world, the corporate skilled unparalleled progress.
This press launch options multimedia. View the total launch right here: https://www.businesswire.com/news/home/20210504005214/en/
Q1 2021 Highlights:
- 5 executed contracts: 4 new house owners and 1 enlargement
- 4 new open places
- 7 new territories awarded
- Company income progress elevated 45%
- System income progress elevated 37%
- Royalty income progress elevated 48%
Because the pandemic began, the corporate has seen progress in all areas of the enterprise together with the franchise improvement pipeline and the flexibility for present franchisees to develop their enterprise. “In 2020, we noticed record-setting progress and the momentum is simply persevering with. Our projections present 2021 to be the perfect yr but for our firm. That is largely as a consequence of an ongoing sturdy franchisee pipeline with well-qualified candidates and the continued success of our present franchise system. We’ve a really engaged franchisee base who’re obsessed with bringing dwelling care to their native communities, in addition to notice the total potential of their funding,” stated Casey McCleskey, CFO.
The corporate has made strategic adjustments to the group together with a restructuring of the chief management staff and including a head of franchise providers to the staff. Because the franchise system grows, having hands-on franchise enterprise consultants which can be absolutely devoted to a set variety of house owners to assist them launch, develop, and maintain their enterprise is a key technique for the corporate.
Crystal Franz, CEO provides, “Non-medical dwelling care is a rising trade contemplating the sheer progress of the senior inhabitants. What differentiates us is our strategy to dwelling care. Our franchisees share our identical values of offering high quality care to probably the most weak in our society. Folks throughout the nation are entrusting us with the care of their cherished one and we really feel honored to have the ability to present the peace of thoughts to these relations whereas additionally serving to to comprehend the desires of enterprise house owners trying to make a distinction.”
HomeWell Care Companies gives versatile care choices and particular packages that assist enrich the lives of their purchasers. The corporate relaunched their foundational Life Enrichment Actions Program (LEAP) geared toward combating social isolation and loneliness which was so prevalent during the last yr for a lot of seniors.
HomeWell is targeted on strategic enlargement throughout the U.S. by way of franchise-owned improvement. With many territories out there, the corporate expects to have over 100 HomeWell Care Companies franchises by 2023.
ABOUT HOMEWELL FRANCHISING INC.
HomeWell Franchising Inc. is the franchisor for HomeWell Care Companies®, which supplies private care, companionship, and residential maker providers for seniors and different homebound people, to allow them to stay safely within the consolation of wherever they name dwelling. HomeWell is dedicated to serving to folks stay life extra absolutely and gives particular packages for fall prevention, post-medical care, and life-enrichment. Our franchise companies serve over 3,000 purchasers yearly serving to them to satisfy a strong life.
HomeWell Franchising Inc. is a premier franchisor with over 40 open places representing over 85 territories throughout the U.S. and Canada. The corporate has a robust pipeline of recent companies set to open. HomeWell has been acknowledged as a Franchise Enterprise Overview High 100 low funding franchise and frequently ranks on the Entrepreneur Franchise 500 checklist. For extra info on HomeWell or to discover franchise alternatives, go to www.homewellcares.com or www.homewellfranchising.com.
View supply model on businesswire.com:https://www.businesswire.com/news/home/20210504005214/en/
CONTACT: For press inquiries, please contact:
Gana Bhandari, Communications Supervisor
817.203.8313,[email protected] inquire about franchise alternatives, please contact:
Kristina McGarvey, Franchise Improvement Director
KEYWORD: TEXAS UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES NURSING HEALTH CONSUMER SMALL BUSINESS SENIORS FINANCE
SOURCE: HomeWell Franchising Inc.
Copyright Enterprise Wire 2021.
PUB: 05/04/2021 10:00 AM/DISC: 05/04/2021 10:01 AM
Copyright Enterprise Wire 2021.