Great Business Model
The Number of People Over Age 65 is Growing at a Rapid Pace
There will be approximately 72 million people over the age of 65 in 2030, and more than 81 million just 10 years later in 2040. People of this age tend to require assistance because of the natural decline of physical and mental capabilities. The Bureau For Labor Statistics projects that the growth of industries related to the care of the elderly will occur at a rate of 70% between 2010 and 2020.
Currently, there is a complex fabric of care services and resources – both public and private – designed to support seniors and their families with assistance at the national, state, regional and local levels. Navigating and connecting to these alternatives has given rise to a growing business segment of evaluation and placement services, to which A Right Place For Seniors belongs.