Senior Care Franchise opportunities to start in Bishop's Stortford
What to consider when starting a business in Bishop's Stortford
Would you like to run your own business? Bishop's Stortford, located in the East of England, could be a good place to start. There are many brands currently recruiting franchisees in the East Hertfordshire area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. Explore our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to opening your own business.
There are 148,000 people living in the East Hertfordshire region. The 40-59 age range makes up the majority of the population. The economically active population in East Hertfordshire amounts to 70,700 people, with an unemployment rate of 1.9%. This rate is significantly lower than the national average. The area's average gross annual income of £48,836 is significantly higher than the average income of close to £31,000 across the UK.
Does the Senior Care sector appeal to you?
Are you interested in running your own business in the Senior Care sector? Have a look at our 12 franchise opportunities available in this field. The Senior Care sector is actually part of the Personal & Home Care Services sector which offers a wider selection. There are currently three Photography franchises, 14 Kids & Childrens franchises, 18 Child Care franchises, four Medical franchises and 12 Tutoring franchises recruiting at this time. Amongst these options, there is likely to be one to suit your career goals and aspirations. If you are thinking about joining the Health Care sector, it may interest you to know that 6,000 people have already made the decision to work in this sector in the East Hertfordshire area.
Check out three available franchise opportunities
If the Senior Care sector is your area of interest, Home Instead is worth looking at. First established in 2005, Home Instead now has over 15 years of experience under its belt. It is now firmly rooted in the market, counting 1,200 franchise outlets. You will need to invest £90,000 to start operating your own Home Instead business, which is a significant initial investment. Your personal investment should account for at least £30,000 of the total amount. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Another option worth considering is Promedica24. There are 100 locations open so far, and the network is expanding. A total of £40,000, an affordable initial investment, is required to open a Promedica24 franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £1,000 of the total investment should come from your personal funds. These low startup costs make this a good franchising option for first-time franchisees. By investing in this established brand, you could be eligible for financial assistance.
Finally, Seniors Helping Seniors is another interesting option. The brand runs in 300 franchise locations which make up a well-established business network. Good to know: you won't need any premises as you can work from home. Eligible candidates may apply for financial aid. See our website for details.
If you are interested in the Senior Care sector and would like to discover more franchising options, check out the 12 brands available in this sector. At Point Franchise, we have 236 franchising opportunities available, giving you plenty to choose from in other sectors too.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.