Passive Income Without the Risk

Passive Income Without the Risk

As I’m sure you are aware, many say the country is headed towards a recession (if it’s not already in one). Nonetheless, owning a franchise today in America is a great way to build a business, generate current income and prepare for retirement.

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In fact, there are several business sectors across the country in which franchises are thriving. One of those areas is healthcare.

Senior Healthcare??

As the country’s population ages, the need for senior health care rises unabated. Senior healthcare franchises are spreading throughout the country to meet the healthcare needs of our senior citizens.?

Let’s face it, recession or no recession, as long as we have senior citizens, families will want quality senior healthcare for their moms and dads.

Chiropractors?

My daughter-in-law is a chiropractor. She and my son now have three offices providing chiropractic services. Wherever there are car accidents, slip and fall accidents or athletic injuries, there will be a market for chiropractors.?

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Mental Healthcare

Look, it’s not easy growing up or raising a family these days. The pandemic, red-state/blue-state divide and the pressure social media puts on everyone are only a few of the reasons people seek mental healthcare or counseling services.?

Indeed, as a society, we may have failed to recognize the need for capable, professional and affordable healthcare services for those saddled with mental health issues.?

In addition, there’s no national chain out there offering mental healthcare services to the afflicted.?

Three to six income-producing professionals typically staff franchise clinics. These healthcare professionals will all have at least masters’ degrees. They offer individual, couples or family counseling services for all types of psychiatric problems.

As the franchise owner/operator in the healthcare field, you’ll find yourself spending 10-15 hours a week publicizing your clinics, developing referral relationships, etc.

Investing in Yourself

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Remember, when you work for a corporation, you’re investing in the corporation.?

When you’re the boss, you’re investing in yourself.?

Brad Thomas is the Chief Executive Officer at Franchise Empowerment in Cincinnati, OH. Brad and his team help businesspeople who want to own a franchise find the right franchise for them. They provide consultation services, franchise research and selection help.

They can also help you get financing to close the deal.

If you are interested, call Brad at 937-433-9692. Or you can email him here or make an appointment with him here.?

Melinda Fouts, Ph.D. International Executive Coach, Author, Speaker

Guiding Executives in Leadership Issues. INTL | Certified Executive Coach | Leadership Development | Emotional Intelligence Assessments | Expert Leadership & Entrepreneur Coaching | Ph.D. Psychology

2 年

Well said!?

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Bob Lawrence

3+ Decades as a Registered Investment Advisory | Reduce Your Taxes | Eliminate Your Taxes | Defer Your Taxes | Create Retirement Income | Utilize Safe Money | Proprietary Programs | Efficient & Effective Money Management

2 年

Great reminder.?

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Curtis Banks

Financial Educator & Wealth Mentor. I offer unique programs & systems to get you out of debt, build wealth and achieve financial freedom.

2 年

Great message, thanks for sharing.

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Curtis Banks

Financial Educator & Wealth Mentor. I offer unique programs & systems to get you out of debt, build wealth and achieve financial freedom.

2 年

Great work!

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George Kriza

Experienced C-Level Business Consultant | Solve Management Problems & Growth Problems | Business Funding | Solve Culture Issues | Management Success | Eliminate Blockers | Solve Software Issues | UI/UX | Chasm Crossing

2 年

Great message, thanks for sharing.?

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