Senior Care Franchise opportunities to start in Corby
What can Corby offer to new businesses?
Located in the East Midlands, Corby is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, have a look at our franchising options in Corby and take the first step towards running your own business. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and business objectives.
Recent figures show that Corby has a population of 71,000 residents. When broken down by age group, 20-39 year olds represent the largest portion of the population. Residents in the area earn £25,265 per year on average. This income is slightly lower than the country's average gross salary, which reaches just over £30,500.
Have you considered the Senior Care sector?
Across the United Kingdom, there are 12 franchises operating in the Senior Care sector. The Senior Care sector is part of the Personal & Home Care Services sector, which also offers 19 Care franchises, four Medical franchises, 17 Education franchises, nine Preschool franchises and three Plumbing franchises. The perfect business to suit your career goals and aspirations might just be among them.
Take a look at three franchise business examples
Initially established in 2005, Home Instead operates in the Senior Care sector. Home Instead has proved itself to be a successful business and leader in the field in its 15 years since opening. A network of 1,200 franchisees promotes the brand's visibility. You will need to invest £90,000 to start your own Home Instead business. At least £30,000 of this substantial amount should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Another option to consider is SylvianCare. By joining its three franchises already in operation, you could contribute to this brand's expansion. An initial investment of £62,500 will enable you to open your own SylvianCare business. In most cases, your personal investment should represent 30 to 50% of the total amount. SylvianCare requires you to personally invest at least £30,000. You could potentially apply for a loan to cover the remaining costs. It is thus less appropriate for new investors. Eligible candidates may apply for financial aid.
Finally, another possibility to consider is Promedica24. By joining its network of 100 franchisees, you could play a part in this brand's success. A total of £40,000, an affordable initial investment, is required to open a Promedica24 franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £1,000 of the total investment should come from your personal funds. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Also, if you can't afford the startup costs alone, you may be able to benefit from financial assistance. See our website for details.
If you are interested in the Senior Care sector and would like to discover more franchising opportunities, take a look at the 12 brands available in this sector. Plus, with close to 250 alternative franchising options available across various sectors, Point Franchise offers plenty of choice to find the right brand for you.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.