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International
The Market
For the first time in history, people age 65 and over will outnumber children under age five. This trend is emerging around the globe. Today, almost 500 million people are age 65 and over, accounting for over eight percent of the world’s population. By 2040 the world is likely to have 1.3 billion older people, accounting for 14 percent of the total population. By 2040, the numbers of people 65 years and older is projected to increase by 160 percent while people 80 years and older is projected to increase by 233 percent. Today’s proportions of older people typically are highest in more developed countries. As the world ages at unprecedented rates, a senior care franchise like BrightStar is here to answer the call for the ever-increasing need for quality home healthcare and medical staffing.
The Opportunity
BrightStar takes the growth and development of our brand very seriously, and our partners for global brand expansion will be required to meet certain criteria. Whether you are interested in pursuing a Master Franchise or an Individual Unit Franchise opportunity with us, our international growth will follow an established expansion format for development, utilizing master franchise and individual unit franchise agreements.
Master Franchises
Master Franchises will be awarded by entire country or province and qualified candidates must meet the following initial requirements which include:
- Working capital minimum of $700,000 (net worth minimum of $1,000,000)
- Proven track record of managing an organization in a fast-paced, demanding environment
- Established team of people with shared entrepreneurial beliefs and collective experience in human resources, finance, operations, and sales and marketing disciplines
- Resources to create and execute aggressive expansion plan to build brand awareness for all services and award unit franchises within the master franchise country or province
Individual Unit Franchises
Individual Unit Franchises will be awarded within each country and qualified candidates must meet the following initial requirements which include:
- Liquid capital minimum of $100,000 and net worth minimum of $500,000
- Proven track record of managing an organization in a fast-paced, demanding environment
- Aggressive approach to sales & marketing through extensive networking efforts to build brand awareness for all services
Targeted Growth
Target countries projected for master franchise award and new development:
Additional target countries projected for master franchise award and new development:
- Denmark
- Finland
- Norway
- Sweden
- Switzerland
We appreciate your interest in international development opportunities with BrightStar. If you are interested in pursuing a Master or Individual Unit franchise opportunity with us, we’d like to speak with you. Click on the button below so we may learn more about your background, provide us with your professional information, and allow us to contact you for further communications.