Senior Care Franchise opportunities to start in Telford
Starting a franchise business in Telford
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 selection of brands in Telford, located in the Telford and Wrekin area in the West Midlands, where many businesses are currently recruiting. Starting a business should be exciting! Explore our range of franchising options, starting with the sectors that you feel most passionate about.
According to recent census data, 178,000 people live in Telford and Wrekin. The population's most prevalent age group is made up of 40-59 year olds. The 4.5% unemployment rate among 88,300 economically active people in the community is slightly higher than the national average. Salaries in Telford and Wrekin average £25,758 a year, while in the United Kingdom the average income is close to £31,000.
The Senior Care sector: An interesting opportunity for franchisees
In the UK, there are 12 franchises recruiting in the Senior Care sector. The Senior Care sector is part of the Personal & Home Care Services sector which offers a wide range of interesting options. These include three Plumbing franchises, 17 Education franchises, five Gardening & Lawn Care franchises, two Wedding franchises and four Medical franchises. See if any catch your eye. In the Telford and Wrekin area, the Health Care sector provides employment for 8,000 people.
Check out three available franchise opportunities
If you would like to invest in a Senior Care business, you could consider Home Instead. First established in 2005, Home Instead has proved itself to be a successful business and leader in the sector in its 15 years since opening. Franchisees benefit from this brand's wide network, which operates across 1,200 franchise locations. You will need an initial investment of £90,000 to open your own Home Instead business. Your personal investment should account for at least £30,000 of the total amount. You may want to consider getting a loan to start a business in this sector. Due to the higher startup costs, this option is not advisable for first-time franchisees.
SylvianCare is another attractive brand operating in the Senior Care sector. To start your business, you will need an initial investment of £62,500. 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 SylvianCare, the minimum personal investment is £30,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. If you can't afford the startup costs on your own, you may qualify for financial aid.
Promedica24 is a third interesting franchise option in the Senior Care sector. By joining its network of 100 franchisees, you could contribute to this brand's success. Starting a Promedica24 franchise will require you to invest a minimum of £40,000. At least £1,000 of this should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees. If you can't cover the startup costs on your own, you could see if you qualify for financial assistance. See eligibility details on our website.
Eager to read more about business opportunities in the Senior Care sector? Have a look at our 12 available options. Don't forget that we offer new business investment selections across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our opportunity of 236 franchising possibilities.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.