Why Consider a Home Care Franchise in Kansas?
Kansas is a particularly favorable environment for home care franchisees thanks to factors such as a steadily growing population with a demographic shift towards senior citizens and a low cost of living. Learn more below!
Kansas Offers a Growing Market for Home Care Services
According to the Center for Economic Development and Business Research, the number of individuals living in Kansas aged 65 and older is set to increase steadily, maintaining the highest growth rate of all demographics in the state over the coming decades. In the state’s largest city of Wichita, roughly 15% of the city’s population is made up of senior citizens, while this number is nearly 18% for Topeka and Hutchinson.
Kansas is Attractive to Entrepreneurs
Kansas provides a business-friendly environment for entrepreneurs, making it a great place to start out as a new business owner. With a competitive tax structure, stable workforce, and various tax incentives, franchise owners can look forward to having an advantage as they get up and running. Additionally, this state is known for its low cost of living and relatively affordable real estate market, which can minimize your overhead costs and maximize profits.
Plenty of Affordable Franchise Territories to Choose From
We’re proud to offer territories in Kansas that include Topeka, Wichita, and Hutchinson. As the state’s largest city, Wichita has a strong healthcare network, which can lead to many home care referrals. Topeka, the state capital, also offers unique opportunities for business growth. Hutchinson is a hub for residents of rural Kansas, with a lower cost of living and a significant percentage of seniors in the population.
Sources:
https://www.cedbr.org/forecast-blog/population-forecast?view=article&id=1888&catid=120
https://www.census.gov/quickfacts/fact/table/wichitacitykansas/PST045223
https://www.census.gov/quickfacts/fact/table/topekacitykansas/POP010210
https://www.census.gov/quickfacts/hutchinsoncitykansas