Dick Rennick, New CEO of Assisting Hands Franchise System
Franchise entrepreneur Dick Rennick was recently appointed CEO of Assisting Hands, a franchise system that provides non-medical, in-home care to people who are elderly or have special needs.
“When I came on board as CEO three months ago, my job was primarily to organize the fledgling less-than-two-year-old company into a ‘Care Giving Power House Franchise Company’ using my past 40 years in the business community and my skills over the past 30+ years in the franchise business industry,” explained Rennick. “I think we have made a very good start and investors are agreeing with that as demonstrated by the fact that we have managed to sell in excess of $600,000 worth of regional developer agreements since I have come on board with at least two to three more regional developers waiting in the queue.”
Rennick decided to leave semi-retirement after recognizing the power of the in-home healthcare franchise industry, which has grown five-fold in unit growth from 2000 to 2006, according to FRANdata, an Arlington-Virginia-based research firm that tracks franchises and their performance.
After formally retiring from the IFA and selling his franchise business 360-unit American Leak Detection, Rennick semi-retired for two years and worked with another company he founded called Team Rennick to mentor young and growing companies. Assisting Hands was one of his Team Rennick clients, and after working with the franchise expert for several months the Mesa-Arizona-based franchise asked him to come on full-time as the system’s president and CEO.
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