Senior Care Franchise opportunities to start in Thetford
Starting a new business in Thetford
The Breckland area offers many interesting business opportunities. If you like the idea of running your own business, you should consider franchising. This would allow you to work for yourself while receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Thetford. Explore our sectors and brands to find your best options among various franchising opportunities, keeping in mind your personal interests and career goals.
Breckland has an estimated population of 139,000 residents. Residents aged over 60 years old make up the prevalent age range in the population. The 3.1% unemployment rate among the 63,400 economically active people in the area is lower than the national average. With an average gross annual income of £23,688, salaries in Breckland are lower than the average salary of close to £31,000 across the United Kingdom.
Why the Senior Care sector might be a good option for you
There are currently 12 opportunities to invest in the Senior Care sector. If you would like to operate a business in this field, keep reading. The Senior Care sector is a part of the Personal & Home Care Services sector. Other brands recruiting in this industry include 18 Child Care franchises, five Baby franchises, three Plumbing franchises, two Wedding franchises and 14 Kids & Childrens franchises. Among these new business investment opportunities, there will likely be one that fits your career goals and aspirations. In the Breckland area, the Health Care sector provides work for 5,000 people.
Check out three available franchise options
If you plan to invest in the Senior Care sector, Promedica24 could be a good option. By joining its current 100 franchisees, you would become a part of a growing brand network. Starting a Promedica24 franchise will require you to invest a minimum of £40,000. At least £1,000 of this should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. If you can't afford the startup costs on your own, you could see if you qualify for financial assistance. This brand also provides its franchisees with full training and support.
You could also consider Seniors Helping Seniors. The brand's network is significant, counting 300 outlets across the United Kingdom. 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 be eligible for financial aid. Visit our website for details.
Lastly, Home Instead is another successful business that has been operating in the Senior Care sector since 2005. The company is now mature and a leader within the sector, having expanded its franchise community for 15 years. With a vast network of 1,200 locations, the brand knows how to support its franchisees. This business requires a significant initial investment of £90,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Home Instead business is £30,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. This investment entitles you to training, assistance and support from Home Instead.
Eager to read more about business opportunities in the Senior Care sector? Have a look at our 12 available options. Point Franchise has almost 250 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.