Why is now the perfect time to own a home care franchise in Missouri?
As a franchise owner, you'll have a protected territory based on zip codes, giving you the opportunity to offer in-home care to seniors and other adults in your own community.
Economic Output: In 2023, Missouri's gross state product was estimated at $422 billion, reflecting the state's robust and diverse economy.
Business Presence: As of 2016, Missouri was home to 160,912 employer establishments, highlighting a vibrant business environment conducive to franchise development.
Senior Population Growth: Missouri's senior population (aged 65 and older) is projected to increase significantly, reaching over 1.3 million by 2030, which will constitute approximately 20.2% of the state's total population.
Tax Climate: In 2017, the Tax Foundation rated Missouri as having the 5th-best corporate tax index and the 15th-best overall tax climate, indicating a business-friendly tax environment.
Employment: In 2016, Missouri had a total employment of 2,494,720, showcasing a substantial workforce available for franchise operations.