Franchise Business Review has recently released its report on the Top Recession-Proof Franchises for 2023, and CarePatrol was named one of the top franchise brands on the list. According to Becky Bongiovanni, co-founder and brand president of CarePatrol, being recognized as a top recession-proof business is a gratifying achievement and franchisee satisfaction is a top priority for the team. Regardless of the state of the economy, franchising in general, and particularly in the senior care industry, is well-positioned for growth. The CarePatrol team is committed to supporting their franchisees by providing them with the necessary resources to successfully serve their communities.

Franchise Business Review is known for providing rankings of franchises based solely on actual franchisee satisfaction and performance. More than 36,000 franchisees from over 365 franchise brands participated in the franchisee satisfaction survey. CarePatrol was one of just 100 franchise brands to be identified as a Top Recession-Proof Franchise award winner and was featured on the list of the best recession-proof franchises.

The franchisees of CarePatrol were surveyed on their experience and satisfaction regarding critical areas of their franchise systems, including training and support, operations, franchisor/franchisee relations, culture, and financial opportunity. Although no business can be 100% recession-proof, the Top 100 Recession-Proof businesses identified by Franchise Business Review have shown that they are highly recession-resistant based on their historical performance. According to Eric Stites, CEO of Franchise Business Review, the Top 100 Recession-Proof franchises not only have outstanding satisfaction among their owners but have also performed well in both good and bad times, making them strong contenders to outperform their competitors in the years ahead.