Home Care Franchise opportunities to start in Telford
Thinking about living and working in Telford?
The franchising possibilities in Telford, located in the West Midlands, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to discover which brands you could work with in Telford and Wrekin. Starting a business should be exciting! Check out our range of franchising opportunities, starting with the sectors that you feel most passionate about.
Recent figures show that 178,000 people live in Telford and Wrekin. Residents aged 40 to 59 years old are the most represented in the population. The economically active population in Telford and Wrekin amounts to 88,300 people, with an unemployment rate of 4.5%. This rate is slightly higher than the national average. Across the UK, the annual gross salary is just over £30,500 on average. In the area of Telford and Wrekin, it is £25,758.
Why Home Care businesses appeal to franchisees
If you would like to operate a Home Care franchise, you are likely to find one that appeals to you among nine available across the UK. Bear in mind that the Personal & Home Care Services sector offers many investment opportunities in addition to those in Home Care services. Have a look through our 12 Senior Care franchise, five Drainage franchises, five Baby franchises, three Photography franchises and nine Preschool franchises to see if any suit your career goals and aspirations.
Three franchise business examples worth looking at
Home Care services has many franchise options available, such as Heritage Healthcare, which launched in 2013. This business requires a significant initial investment of £95,994. If you plan on getting 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 start a Heritage Healthcare business is £35,994. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Right at Home is another interesting franchising opportunity if you plan to invest in Home Care services. By joining its network of 49 franchisees, you could contribute to this brand's success. Opening a Right at Home business requires a substantial initial investment of £120,000. At least £40,000 should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. You could also benefit from financial aid, if eligible. See our website for details.
Lastly, another brand worth considering is Kare Plus. First launched in 1989, Kare Plus has been running for 31 years and has gained many loyal customers as a result. There are 70 outlets open so far, and the network is expanding. This business opportunity requires an affordable initial investment of £75,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Kare Plus asks for a minimum personal investment of £25,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.
Eager to read more about business opportunities in Home Care services? Have a look at our nine available options. If this sector doesn't suit your needs, don't worry. Point Franchise offers close to 250 franchise options across a variety of sectors to help you find your perfect business opportunity.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.