Numerous children in the United States are currently living without their parents and even their grandparents.
According to statistics provided by The Orphan Society of America, back in 2011, nearly 3 million children under the age of 18 were living without both parents, and while more than half of those kids were cared for by their grandfathers and/or grandmothers, that still leaves hundreds of thousands of young Americans lacking the so-called normal family dynamic that is so crucial for them to have during their formative years.
It’s a tragedy that so many kids have to learn what it’s like to be on their own at such a young age, but that is the harsh reality of life.
That also explains why now more than ever, adoption agencies have an important role to play in society.
Why Adoption Agencies Are More Important Than Ever
In an age where smartphones are capable of functioning like high-powered PCs and space tourism has become a thing, it is simply inexcusable for children to be without people who are guiding them and teaching them to become upstanding members of society.
Unfortunate as that may be, it is also reality.
However, there are ways to at least reduce the number of kids who have to fend for themselves so early on in their lives, and that is where adoption agencies come in.
Unlike in decades past, it is so much easier now for hopeful parents to get in touch with a quality adoption agency and even their affiliate businesses like Tana Ava Taylor adoption photography.
Couples or individuals looking to adopt now have access to more convenient channels that will enable them to do exactly that.
Adoption agencies now make up a growing industry, and it is set to become even larger in the near future.
How Adoption Agencies can Help Bring Families Together while Remaining Profitable
In an article posted on the website of the National Council for Adoption, Daniel Nehrbass, Ph.D. sought to answer the question of how much money does an adoption agency make.
To find the answer, Nehrbass examined the various tax returns of all the Hague-accredited adoption agencies that submitted those forms. Nehrbass then performed some additional calculations and crunched the numbers further.
At the end of the article, Nehrbass concluded that adoption agencies don’t really make “inappropriately high” net revenues.
Nehrbass also determined that the inter-country adoption was not profitable for agencies.
However, the agencies that have diversified their service offerings have been observed to be financially viable.
So, what does that mean for individuals thinking about possibly opening an adoption agency of their own?
Becoming Versatile Is Key for Any Adoption Agency
The truth is that there are more industries out there that are more conducive to making money than the adoption industry, but none can offer the same sense of satisfaction that only comes from turning people who used to be strangers into loving family members.
The real reward of being in the adoption industry is in helping loving parents find the children who they will raise and adore for the rest of their lives. Still, there’s also a way to remain financially viable and even profitable within the industry.
According to ProfitableVenture.com, by focusing on niche areas of the adoption industry such as shelter services or youth service programs, agencies can find a way to continue bringing families together, while also remaining in good enough shape financially to keep going long-term.
Being involved in the adoption industry is a privilege for many people. And for those who may be hesitant to join because they are wary of their financial situation, there’s no need to be afraid.
Staying in this industry is possible for as long as an agency remains versatile and highly helpful.
Businesses connected to the industry such as Tana Ava Taylor adoption photography will also help spread the word further about adoption and that will lead to more people making the choice to add to their family.
