Right at Home Named a Top Recession-Proof Business for 2024 by FBR
Right at Home is one of the largest and fastest-growing in-home senior care franchises. With over 700 locations, the brand has a history of innovation, stellar customer satisfaction rates, and award-winning services. Founded in 1995, Right at Home has positioned itself as an industry leader as the senior care sector is expected to grow by leaps and bounds, giving franchisees the chance to make a difference in their local communities by becoming the leader of their own business.
Franchise Business Review, a franchise market research firm that performs independent surveys of franchisee satisfaction, provides the only rankings of franchises based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes its rankings of top franchises semi-annually in its Guide to Today’s Top Franchises, as well as industry reports throughout the year that highlight research on the top franchises in specific sectors.
More than 35,000 franchisees representing over 365 franchise brands participated in Franchise Business Review’s franchisee satisfaction survey over 18 months. From the research, Right at Home was one of just 50 franchise brands to be identified as a Top Recession-Proof Franchise award winner and featured on the list of the best recession-proof franchises.
Right at Home’s franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training & support, operations, franchisor/franchisee relations, culture, and financial opportunity.
“While no business is 100% recession-proof, these franchise businesses have demonstrated that they are highly recession-resistant based on historical performance,” said Eric Stites, CEO of Franchise Business Review. “The 50 brands on this year’s list have an average owner satisfaction rating of 10-40% higher than the industry benchmark and report 25% higher annual earnings compared to competitors. For people seeking to be their own boss, we recommend you start by researching the recession-proof businesses we identified this year. They have performed well in good times and bad and they demonstrate a strong potential to outperform their competitors during challenging economic times.”
“In challenging economic times, our commitment to providing essential home care services remains steadfast, ensuring that our clients receive the support they need. This recognition highlights not only our stability but also our unwavering focus on quality care, regardless of economic fluctuations,” said Jen Chaney, vice president of Franchise Development for Right at Home
