Senior Care Franchise opportunities to start in Rushden

What to know before starting a business in Rushden

Rushden, located in the East of England, offers a variety of new business investment opportunities, 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 North Hertfordshire area. Check out our different franchising options to find the sectors and brands that most appeal to you.

Recent figures show that 133,000 people live in North Hertfordshire. When broken down by age range, the majority of the population sits within the 40-59 category. Unemployment affects 4% of the UK population. With a rate of 3.7%, unemployment in this area is in line with the national average. The economically active population amounts to 68,400 people, representing 83.9% of the population. Across the United Kingdom, the annual gross income is just over £30,500 on average. In the area of North Hertfordshire, it is £35,383.

Why open a franchise in the Senior Care sector?

Across the UK, there are currently 12 opportunities to run your own franchise in the Senior Care sector. The Personal & Home Care Services sector offers a variety of options in addition to those in the Senior Care sector. These include 17 Healthcare franchise, four Medical franchises, 14 Kids & Childrens franchise, 19 Care franchise and three Funeral franchises. Have a look at the brands available to see which could be your perfect match. In North Hertfordshire, there are currently 4,500 people employed in the Health Care sector, so you would become a part of an established business community.

Three franchise business worth reading about

If working in the Senior Care sector appeals to you, take a look at Home Instead. First established in 2005, the brand is now mature and a leader within the sector, having developed its franchise network for 15 years. The brand has grown over time and now operates in 1,200 different locations. A total of £90,000, a significant initial investment, is required to start a Home Instead 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. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.

SylvianCare could be another good option for you to invest in. The brand is expanding, with three outlet already in operation, and a desire to expand further. In order to open a SylvianCare business, an initial investment of £62,500 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. SylvianCare requires a personal investment of at least £30,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. Financial support is available for eligible franchisees.

Lastly, Promedica24 is another interesting option. This brand is developing, counting 100 location in the United Kingdom. An affordable initial investment of £40,000 will enable you to start your own Promedica24 business. In most cases, your personal investment should represent 30 to 50% of the total amount. Promedica24 requires you to personally invest at least £1,000. You could potentially apply for a loan to cover the remaining costs. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. By investing in this established brand, you could qualify for financial assistance. See our website for more information.

There are currently 12 new business investment opportunities available in the Senior Care sector. At Point Franchise, we are proud to offer almost 250 franchise options across many sectors, helping you find the perfect business opportunities for you.

This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.