The below is from INC Magazine's Article "The Shape of Franchising in 2011"
Read the full article here
Seniors Helping Seniors has ridden a dramatic change in the way care is provided for senior citizens. “We have been able to continue to add over 70 franchise partners over the past year and a half, during the exact same time the rest of our economy was shrinking, and to expand our franchise system to over 120 territories,” says Philip Yocom, co-founder and CEO.
When it started in 2005, the Reading, Penn., company planned to double in size annually for five years and then add 100 new franchisees a year for another five years. There’s every indication they’ll achieve that. “During our past week, we have actually granted as many franchises as we did throughout our first calendar year,” Yocom says. Seniors Helping Seniors is targeting the Midwest, the Southwest, and the West Coast in its expansion plans, Yocom adds.
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