Senior Care Franchise opportunities to start in Norwich
What to know before starting a franchise in Norwich
The Norwich area offers many interesting business opportunities. If you like the idea of opening 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 Norwich. Browsing our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
There are approximately 141,000 people currently living in Norwich. The 20-39 age group is the most represented within the population. The 7.6% unemployment rate among 73,400 economically active people in the community is slightly higher than the national average. In the United Kingdom, the average gross income is just over £30,500; in the Norwich area, it is £26,353.
Have you considered the Senior Care sector?
There are 12 UK-based franchises available in the Senior Care sector. Bear in mind that the potential for exciting investment opportunities in the Personal & Home Care Services sector is not limited to the Senior Care sector. Other available investment options include four Medical franchises, five Gardening & Lawn Care franchises, two AC franchises, two Electrical franchises and two Wedding franchises. See if there's one to suit your business goals. In Norwich, the Health Care sector already provides employment for nearly 8,000 people, potentially making this path an ideal one for you, too!
Check out three available franchise opportunities
The Senior Care sector offers a range of brands to choose from, including Hallows Care. To open your own Hallows Care franchise, you will need to invest £118,000, of which at least £34,950 should be your own personal investment. You could get a loan to help cover the remaining startup costs. 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.
SylvianCare is another successful brand operating in the Senior Care sector. By joining its network of three franchisees, you could play a part in this brand's success. A total of £62,500 is required to start a SylvianCare franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £30,000 of the total investment should come from your personal funds. It is thus less appropriate for new investors. If you are unsure about starting your own business, taking on an established franchise could be the answer. SylvianCare provides full training and support, ensuring that its franchisees are well-equipped to succeed. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Finally, Promedica24 is another attractive brand operating in the Senior Care sector. In order to open a Promedica24 business, a reasonable initial investment of £40,000 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. Promedica24 asks for a personal investment of at least £1,000. These relatively low startup costs make it a good option to pursue for first-time franchisees. Promedica24 provides comprehensive training and support to help you build a successful business of your own. Furthermore, you may qualify for financial aid. Visit our website for more information.
If you are interested in the Senior Care sector and want to discover more franchising options, have a look at the 12 brands available in this sector. Point Franchise currently has a total of 238 brands recruiting franchisees across a variety of sectors. Have a look to see which other sectors you might want to invest in.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.