Senior Care Franchise opportunities to start in Stockton-on-Tees
Starting a new business in Stockton-on-Tees
You could start your own business by becoming a franchisee in Stockton-on-Tees. There are a number of franchise options to choose from in Stockton-on-Tees, located in North East England. Check out our range of brands and start managing your own business with a team behind you. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
Stockton-on-Tees has a population of approximately 197,000 people. The majority of the population falls within the 40-59 age group. The labour force in Stockton-on-Tees amounts to 91,500 people, with an unemployment rate of 6%. This rate is slightly higher than the national average. Salaries in Stockton-on-Tees average £26,850 a year, while in the UK the average salary is just over £30,500.
Have you considered the Senior Care sector?
If you wish to run a business in the Senior Care sector, take a look at our 12 brands currently recruiting franchisees in the field. The Senior Care sector is actually part of the Personal & Home Care Services sector which offers a wider selection. There are currently 17 Education franchises, two Wedding franchises, 14 Kids & Childrens franchises, three Funeral franchises and two Security franchises recruiting at this time. Amongst these options, there is likely to be one to suit your career goals and aspirations.
Here are three examples of franchise businesses
If you're interested in the Senior Care sector, have a look at Promedica24. There are 100 outlets open so far, and the network is expanding. You will need to invest £40,000 to start your own Promedica24 business. At least £1,000 of this reasonable amount should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees. If you are unsure about starting your own business, taking on an established franchise could be the solution. Promedica24 provides full training and support, ensuring that its franchisees are well-equipped to succeed. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Another option worth considering is Seniors Helping Seniors. The brand operates in 300 franchise locations which make up a well-established business network. Good to know: you won't need any premises as you can work from home. You may feel more secure in starting a Seniors Helping Seniors franchise knowing that franchisees are provided with full training, assistance and support. Eligible candidates may also apply for financial aid.
As a final example, have a look at Hallows Care. In order to open a Hallows Care business, a substantial initial investment of £118,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Hallows Care requires a personal investment of at least £34,950. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. If you feel uncertain about starting your own business, you may feel more secure in taking on a franchise. Hallows Care can support you with comprehensive training and assistance to help your business reach its full potential. What's more, financial assistance is available for eligible franchisees. Visit our website for more information.
The Senior Care sector offers 12 franchising opportunities. Whether you've already decided to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we have a total of almost 250 franchising opportunities to help you find the perfect fit.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.