Senior Care Franchise opportunities to start in Farnborough
Farnborough: A great location to start a business
Farnborough, located in the South East of England, offers a variety of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the West Berkshire area. If you already know which line of work you'd like to pursue, check out our franchise opportunities in that sector. If not, have a browse and see what other options catch your eye. We have businesses to suit all kinds of interests and career objectives.
According to recent census data, 159,000 people live in West Berkshire. The age group with the highest concentration is 40-59. The labour force makes up 85.8% of the population, or approximately 83,100 people. The community has an unemployment rate of 2.7% which is significantly lower than the national average of 4%. The gross annual salary in West Berkshire amounts to £38,416, which is significantly higher than the national average of just over £30,500.
Have you considered the Senior Care sector?
There are 12 franchises in the Senior Care sector to choose from. The Senior Care sector is just one example of a sector you could invest in. Could your ideal business be among our two Security franchises, 14 Kids & Childrens franchises, four Medical franchises, three Funeral franchises and nine Nursery franchises available in the Personal & Home Care Services sector? Have a look to find out. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the West Berkshire area, 6,000 people work for Health Care companies.
Three franchise business examples
If you're interested in the Senior Care sector, have a look at Seniors Helping Seniors. 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. If you can't afford the startup costs on your own, you may be eligible for financial assistance.
Another option worth considering is Home Instead, a company that has been in business since 2005. The brand is now mature and a leader within the sector, having expanded its franchise network for 15 years. The brand has grown over time and now runs in 1,200 different locations. Starting a Home Instead franchise will require you to invest a minimum of £90,000. At least £30,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Finally, SylvianCare is an interesting franchise option in the Senior Care sector. There are three outlets open so far, and the network is expanding. You will need an initial investment of £62,500 to open your own SylvianCare 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. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You may be eligible for financial aid. See our website for more information.
The Senior Care sector offers 12 franchising opportunities. With close to 250 franchising opportunities to choose from across various 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.