Home Care Franchise opportunities to start in Chesterfield
Opening a franchise business in Chesterfield
If you'd like to run your own business but don't know where to start, a franchise might just be the solution. Chesterfield, situated in the East Midlands, could be a good place to start as there are many brands currently recruiting franchisees in the Chesterfield area. 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.
There are approximately 105,000 people currently living in Chesterfield. The majority of the population sits within the 40-59 age group. The labour force constitutes 72.3% of the population, or approximately 47,300 people. The region has an unemployment rate of 7.9% which is slightly higher than the UK average of 4%. Residents in the area earn £26,339 per year on average. This income is slightly lower than the country's average gross income, which reaches close to £31,000.
Home Care services: An interesting opportunity for franchisees
Are you interested in Home Care services? If so, there are nine available franchises to choose from in the UK. Home Care services are part of the Personal & Home Care Services sector, which also offers two AC franchises, five Drainage franchises, three Photography franchises, 19 Care franchise and nine Preschool franchises. The perfect business to suit your career goals and aspirations might just be among them.
Three franchise business examples
If you are interested in opening a business in Home Care services, read about Radfield Home Care. By joining its current 13 franchisee, you would become a part of a growing brand network. You will need to invest £90,000 to begin operating your own Radfield Home Care business, which is a substantial initial investment. Your personal investment should account for at least £27,000 of the total amount. Due to the higher startup costs, this option is not advisable for first-time franchisees. A small premises will also be required to operate this business. By investing in this established brand, you could qualify for financial aid.
Another option worth considering is Heritage Healthcare, a company that launched in 2013. Starting a Heritage Healthcare business requires a significant initial investment of £95,994. If you plan on getting a loan to cover the startup costs, Heritage Healthcare asks for a personal investment of at least £35,994. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Finally, another option to consider is Apollo Care. There are nine location open so far, and the network is expanding. To open your own Apollo Care franchise, you will need to invest £26,000, of which at least £5,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.
We offer a total of nine businesses in Home Care services. If you're interested, see if the right investment opportunity for you is among them. If you're interested in exploring franchising options in other sectors, Point Franchise has close to 250 brands to pick from.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.