Senior Care Franchise opportunities to start in Stanford-le-Hope

What to consider when opening a business in Stanford-le-Hope

Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Check out our range of brands in Stanford-le-Hope, located in the Thurrock area in the East of England, where many companies are currently recruiting. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.

Recent figures show that 173,000 people live in Thurrock. The majority of the population sits within the 0-19 age range. The area has an economically active population of 89,300 people, or 81.5% of the total population. The unemployment rate (5.5%) is high compared to the rest of the UK. Residents in the area earn £30,610 per year on average. This income is in line with the national average gross salary, which reaches just over £30,500.

The Senior Care sector and its investment options

If you wish to run a business in the Senior Care sector, have a look at our 12 franchises currently recruiting franchisees in the sector. Could a starting business in the Senior Care sector, or in the Personal & Home Care Services sector more widely, help you reach your career goals and aspirations? Take a look at the three Plumbing franchises, two Wedding franchises, five Drainage franchises, two Electrical franchises and five Gardening & Lawn Care franchises recruiting at this time. In Thurrock, the Health Care sector already provides work for nearly 6,000 people, potentially making this path an ideal one for you, too!

Three brands worth your attention

If you like the idea of starting a business in the Senior Care sector, SylvianCare could be an option for you. By joining its current three franchisee, you would be joining a growing brand network. Opening a SylvianCare franchise will require you to invest a minimum of £62,500. At least £30,000 of this should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You may qualify for financial assistance.

Another interesting franchising opportunity is Home Instead, which has been in business since 2005. The brand has acquired valuable experience and expertise over the past 15 years. With a vast network of 1,200 outlets, the brand knows how to support its franchisees. You will need to invest £90,000 to start your own Home Instead business. At least £30,000 of this substantial amount should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.

Finally, Promedica24 is another successful brand operating in the Senior Care sector. The brand is expanding, with 100 location already in operation, and a desire to expand further. You will need an initial investment of £40,000 to open your own Promedica24 business. Your personal investment should account for at least £1,000 of the total amount. You may want to think about getting a loan to start a business in this sector. These low startup costs make it a good option to pursue for first-time franchisees. You could also benefit from financial aid, if eligible. See eligibility details on our website.

If you are considering running a franchise business in the Senior Care sector, you might be interested to explore our 12 available brands. If you're interested in exploring investment options in other sectors, we've got a total of almost 250 franchising opportunities to choose from on Point Franchise.

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