Senior Care Franchise opportunities to start in Crosby
Crosby and its prospects for new Businesses
If you'd like to run your own business but don't know where to start, a franchise might just be the answer. Crosby, situated in the North West of England, could be a good place to start as there are many brands currently recruiting franchisees in the Allerdale area. Exploring our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
Allerdale has a population of approximately 98,000 people. The majority of residents are aged over 60 years old. The local unemployment rate of 3.4% is below par compared to the national average of 4%. The local labour force consists of 48,900 people, representing 86.7% of the population. The UK's annual average salary is £30,629. Salaries in Allerdale are slightly lower in comparison, averaging £28,935 a year.
The Senior Care sector and its business opportunities
If the idea of running a business in the Senior Care sector appeals to you, have a look at the 12 brands currently recruiting franchisees in the field. The Senior Care sector is part of the Personal & Home Care Services sector which offers a wide range of interesting options. These include 19 Care franchises, 17 Healthcare franchises, 11 Handyman franchises, 18 Child Care franchises and two Security franchises. See if any catch your eye. In the Allerdale area, the Health Care sector provides work for 4,000 people.
Three examples of available franchise business possibilities
Promedica24 could be a great choice for you if you're planning to invest in the Senior Care sector. By joining its 100 franchises already in operation, you could contribute to this brand's expansion. To start your business, you will need an initial investment of £40,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Promedica24, the minimum personal investment is £1,000. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. If you decide to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Seniors Helping Seniors is another interesting franchising opportunity if you plan to invest in the Senior Care sector. The brand's network is important, counting 300 locations in the UK. Good to know: you won't need any premises as you can work from home. An investment in this franchise entitles you to financial aid, if eligible. Visit our website for more information.
Finally, another option to consider is Home Instead, a brand that has been in business since 2005. The company now has 15 years of experience, making it a leader in the sector. It is now firmly rooted in the market, counting 1,200 franchise outlets. This business opportunity requires a significant initial investment of £90,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Home Instead asks for a minimum personal investment of £30,000. It is thus less appropriate for new investors.
Starting a business in the Senior Care sector has great potential. If you're interested, check out our 12 available options. With close to 250 franchising opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.