Senior Care Franchise opportunities to start in Preston
Is Preston a good place to become a franchisee?
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Take a look at our range of brands in Preston, located in the Scottish Borders area in Scotland, where many businesses are currently recruiting. Browse our extensive possibilities in order to find the right brand for you, and you'll be one step closer to starting your own business.
A recent census found that 115,000 people live in Scottish Borders. Residents aged over 60 years old have the highest concentration in the population. In terms of employment, the region has an economically active population of 53,300 people (78.8%), of which the unemployment rate is 3.2%. This figure is lower than the average unemployment rate in the UK. Scottish Borders has an average annual salary of £26,777. This salary is slightly lower than the rest of the UK, which has an average income of just over £30,500.
What the Senior Care sector could offer you
If you wish to run a Senior Care franchise, you are likely to find one that appeals to you among 12 available across the UK. This is just one of the sectors you could choose within the Personal & Home Care Services sector. There are also five Baby franchises, five Drainage franchises, 19 Care franchises, three Plumbing franchises and 14 Kids & Childrens franchises. Have a look and see if any are a good fit for you. Moreover, the number of people currently employed in a specific industry gives an idea of how dynamic it is. In the Scottish Borders area, 8,000 people are employed by Health Care companies.
Here are three examples of franchise businesses
Promedica24 could be a great choice for you if you're planning to invest in the Senior Care sector. The brand is growing, with 100 locations currently in operation, and a desire to expand further. Opening a Promedica24 business requires an affordable initial investment of £40,000. At least £1,000 should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. Financial support is available for eligible franchisees.
The Senior Care sector has many brands worth considering. Check out Home Instead. First established in 2005, the brand now has 15 years of experience, making it a leader in the field. The brand has developed over time and now operates in 1,200 different locations. Opening a Home Instead business requires a significant initial investment of £90,000. If you intend to get a loan to cover the startup costs, Home Instead asks for a personal investment of at least £30,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Lastly, Seniors Helping Seniors is another interesting option. The brand runs in 300 franchise locations which make up a strong business network. Good to know: you won't need any premises as you can work from home. By investing in this franchise, you may be eligible for financial assistance. See our website for more information.
If you are interested in the Senior Care sector and would like to discover more franchising opportunities, have a look at the 12 brands available in this sector. Plus, with 236 alternative franchising options available in different sectors, Point Franchise offers plenty of choice to find the right brand for you.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.
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