Omaha, NE (
) May 01, 2012 - A mother and her daughter, who will graduate in
May from college, share ownership of a new Home Instead Senior
Care® franchise business, a partnership that seems tailor-made
for these economic times. More college graduates are having a
difficult time finding jobs, according to the U.S. Bureau of
Labor Statistics. Teaming with a family member has proven
successful. According to the U.S. Small Business Administration,
family-owned businesses account for 90 percent of all businesses
in the U.S. (large and small) and continue to be a powerful
franchising is one way to help new graduates get their careers
off the ground.
Years ago, Michele Bonneville noticed that her young
daughter's favorite toys were a keyboard and phone.
"Lynelle would play office with the toys and told me that she
never wanted to work for anyone. She wanted to be her own boss.
Now she wants to follow that dream," said Bonneville, a former
pharmaceutical company account manager who came out of a one-year
retirement last year to buy a Home Instead Senior Care® franchise
in Wesley Chapel, Fla. "I was ready to leave retirement and
follow my passion to help people."
Michele Bonneville said she had no doubt that her daughter,
who will graduate from the University of Florida in May with a
major in marketing and a minor in entrepreneurship, would
eventually join her full time in running the
senior care franchise.
After all, Lynelle Bonneville took part in the search for
franchising possibilities and used a college internship to help
her mother get the franchise off the ground last August before
returning to the University of Florida for her senior year.
These days, Michele and Lynelle Bonneville are not an unusual
combination. Franchising is one way for parents to create an
opportunity for their adult children. There is little solid data
on parent-adult child business start-ups, but anecdotal evidence
and news reports suggest a growing trend during these economic
For sure, more college graduates are encountering a tough time
in job searches. In January 2009, there were nearly 1.8 million
unemployed college graduates in America, according to the Bureau
of Labor Statistics. By October 2011, that number had risen to
more than 2 million - an increase of nearly 300,000. Family
businesses could be one answer. According to the Small Business
Administration, family-owned businesses account for 90 percent of
all businesses in the U.S. (large and small) and continue to be a
Lynelle Bonneville probably would not have had a difficult
time finding a job on her own. "There are plenty of signs and
indicators that she could have gotten a good job," her mother
said. "She is a straight-A student and already works as a student
assistant in the school's business department. She's poised,
dependable and mature," said Michele Bonneville, who has a
master's in nursing and has entered senior care and franchising
for the first time.
So just how does this business arrangement work between mother
"We have set her up as the half-owner of the Home Instead
Senior Care franchise," Michele Bonneville said. "We have a
shareholder's agreement and a good division of responsibilities.
She will work the operations end of the Home Instead Senior Care
franchise. I will be working the clinical and the networking side
"The plan is for her to buy me out when I am ready to go back
into retirement for good. So from that standpoint, we have set up
a plan of succession. Another thing she desires is to do well for
society, do something for a living that helps people. We were
just blessed, the two of us. We prayed and prayed a lot, and this
dream came true."
Tim Connelly, North America Franchise Development Director for
Home Instead, Inc., franchisor of the Home Instead Senior Care
network, said the Bonneville team follows a long line of
successful family-owned franchises in the Home Instead Senior
Care network. "The success of other family-owned Home Instead
Senior Care franchises is well-documented, and the Bonnevilles'
detailed planning, execution and passion show that Michele and
Lynelle are on a path toward success. It is evident that a
family-owned franchise was perfect for them."
For information about
senior care business
opportunities, register for a free one-hour Home Instead Senior
Care Franchise Opportunities web seminar. The next web seminar is
scheduled for May 16, 2012, at 1 p.m. Eastern Time.
About Home Instead Senior Care®
Founded in 1994 in Omaha by Lori and Paul Hogan, the Home
Instead Senior Care® network is the world's largest provider of
non-medical in-home care services for seniors, with more than 950
independently owned and operated franchises providing in excess
of 45 million hours of care throughout the United States, Canada,
Japan, Portugal, Australia, New Zealand, Ireland, the United
Kingdom, Taiwan, Switzerland, Germany, South Korea, Finland,
Austria, Italy, Puerto Rico and the Netherlands. Local Home
Instead Senior Care offices employ more than 65,000 CAREGivers(
) worldwide who provide basic support services - assistance with
activities of daily living (ADLs), personal care, medication
light housekeeping, errands, incidental transportation and
shopping - which enable seniors to live safely and comfortably in
their own homes for as long as possible. In addition, CAREGivers
are trained in the network's groundbreaking Alzheimer's Disease
or Other Dementias CARE: Changing Aging Through Research and
) Program to work with seniors who suffer from these conditions.
This world class curriculum also is available free to family
caregivers online or through local Home Instead Senior Care
offices. At Home Instead Senior Care, it's relationship before
task, while continuing to provide superior quality service that
enhances the lives of seniors everywhere.