Senior Care Franchise opportunities to start in Ipswich
Investing in a franchise in Ipswich
If you'd like to open your own business but don't know where to start, a franchise might just be the answer. Ipswich, situated in the East of England, could be a good place to start as there are many brands currently recruiting franchisees in the Ipswich area. To start off with, look for the line of work that appeals to you the most. This is a quick way to find the franchise best suited to you.
Recent figures show that Ipswich has a population of 138,000 people. The population's most prevalent age group is made up of 20-39 year olds. The 6% unemployment rate among 67,900 economically active people in the area is slightly higher than the national average. Ipswich has an average annual salary of £25,828. This salary is slightly lower than the rest of the UK, which has an average income of just over £30,500.
Investment options in the Senior Care sector
If the idea of running a business in the Senior Care sector appeals to you, have a look at the 12 brands currently recruiting franchisees in the sector. This is just one of the sectors you could choose within the Personal & Home Care Services sector. There are also five Baby franchises, three Plumbing franchises, 14 Kids & Childrens franchises, five Gardening & Lawn Care franchises and nine Nursery franchises. Have a look and find out if any are a good fit for you.
Here are three examples of franchise businesses
The Senior Care sector offers a range of brands to choose from, including Home Instead. Launched in 2005, Home Instead has proved itself to be a successful business and leader in the field in its 15 years since opening. A network of 1,200 franchisees promotes the brand's exposure. You will need an initial investment of £90,000 to start your own Home Instead business. Your personal investment should account for at least £30,000 of the total amount. You may want to consider getting a loan to start a business in this sector. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Another option worth considering is Seniors Helping Seniors. The brand runs in 300 franchise locations which make up a strong business community. Good to know: you won't need any premises as you can work from home. An investment in this franchise entitles you to financial assistance, if eligible.
As a final example, take a look at Promedica24. This brand is growing, counting 100 locations in the United Kingdom. Starting a Promedica24 business requires an affordable initial investment of £40,000. At least £1,000 should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees. Financial support is available for eligible franchisees. Visit our website for details.
The Senior Care sector offers many interesting franchising opportunities, including our 12 franchise options. With 236 franchising opportunities to choose from across a variety of sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.