Senior Care Franchise opportunities to start in Basingstoke

What to know before opening a franchise in Basingstoke

The Basingstoke and Deane area offers many interesting business opportunities. If you are interested in running your own business, you should consider franchising. This would allow you to work for yourself while benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Basingstoke. If you already know which line of work you'd like to pursue, check out our franchise options in that sector. If not, have a browse and see what other options catch your eye. We have businesses to suit many different interests and career goals.

There are 176,000 people living in the Basingstoke and Deane area. The 40-59 age range makes up the majority of the population. Basingstoke and Deane has an unemployment rate of 2.5% within its labour force of 94,900 people. This rate is very low compared to the national average. The average gross income in the UK is close to £31,000. Residents of Basingstoke and Deane earn £34,367 a year on average.

Investment opportunities in the Senior Care sector

There are 12 franchises in the Senior Care sector to choose from. The Senior Care sector is actually part of the Personal & Home Care Services sector which offers a wider selection. There are currently 17 Healthcare franchises, two AC franchises, five Baby franchises, 18 Child Care franchises and four Medical franchises recruiting at this time. Amongst these options, there is likely to be one to suit your career goals and aspirations.

Take a look at these three business examples

There are many interesting franchising possibilities in the Senior Care sector. Take Home Instead for example, a brand that was first established in 2005. The brand has gained valuable experience and expertise over the past 15 years. It is now firmly rooted in the market, counting 1,200 franchise 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. Training and assistance provided by Home Instead will help you take your business in the right direction.

Have a look at Seniors Helping Seniors. The brand has a well-established network and good visibility, operating in 300 franchise outlets. Good to know: you won't need any premises as you can work from home. You will have all the guidance you need to manage your business thanks to the training and support provided by Seniors Helping Seniors. And if you can't cover the startup costs on your own, you may qualify for financial aid.

Lastly, Hallows Care is another interesting option. 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 generally need to cover 30 to 50% of the total investment yourself. Hallows Care asks for 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. Investing in Hallows Care entitles you to all the guidance, training and support you need to run your business successfully. And if you can't afford the startup costs on your own, you may be eligible for financial assistance. See our website for details.

We offer a total of 12 businesses in the Senior Care sector. If you're interested, see if the perfect franchising opportunity for you is among them. If you are still not sure which sector best suits your needs, have a look through our selection of almost 250 franchising opportunities across various sectors on Point Franchise.

NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.