Senior Care Franchise opportunities to start in Kingston upon Hull

What to know before starting a business in Kingston upon Hull

If you're considering running your own business in Kingston upon Hull, located in Yorkshire and the Humber, you should look at franchising options. Several brands are currently recruiting in the East Riding of Yorkshire area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to see if this could be for you. Browse our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to opening your own business.

The population of East Riding of Yorkshire is made up of 340,000 people. The 60+ age group is the most represented within the population. The community has 157,900 economically active people, representing 81.8% of the population, with an unemployment rate of 3.6%. This rate is lower than the country's 4% national average. Residents in the area earn £29,761 per year on average. This income is in line with the country's average gross salary, which reaches £30,629.

Have you considered the Senior Care sector?

In the UK, you will find 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 selection of interesting options. These include three Plumbing franchises, 19 Care franchises, two Wedding franchises, three Photography franchises and two Electrical franchises. See if any catch your eye.

Want to know more? Read about these three brands

Seniors Helping Seniors could be a great choice for you if you're planning to invest in the Senior Care sector. The brand has a well-established network and good visibility, operating in 300 franchise locations. Good to know: you won't need any premises as you can work from home. If you can't cover the startup costs on your own, you could find out if you qualify for financial aid. This brand also provides its franchisees with full training and support.

Have a look at Home Instead. Launched in 2005, Home Instead has developed a comprehensive support package, based on 15 years of experience in the business. A network of 1,200 franchisees promotes the brand's exposure. A substantial initial investment of £90,000 will enable you to start your own Home Instead business. In most cases, your personal investment should represent 30 to 50% of the total amount. Home Instead requires you to personally invest at least £30,000. You could potentially get a loan to cover the remaining costs. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You may feel more secure in starting a Home Instead franchise knowing that franchisees are provided with full training, assistance and support.

Finally, Hallows Care is another interesting option. This business opportunity requires a substantial initial investment of £118,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Hallows Care asks for a minimum personal investment of £34,950. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. By investing in this established brand, you can benefit from access to expert training and support and could even be eligible for financial assistance. See our website for more information.

If you are interested in the Senior Care sector and want to discover more franchising options, take a look at the 12 brands available in this sector. If you're still torn between different sectors, no problem! Point Franchise offers 238 franchising opportunities across a variety of sectors. Enjoy exploring your options.

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