Home Care Franchise opportunities to start in Loughborough
Starting a new business in Loughborough
If you'd like to open your own business but don't know where to start, a franchise might just be the solution. Loughborough, situated in the East Midlands, could be a good place to start as there are many businesses currently recruiting franchisees in the Charnwood area. Starting a business should be exciting! Have a look at our selection of franchising options, focusing on the sectors that you feel most passionate about.
Charnwood has an estimated population of 183,000 people. The 20-39 age group is the most represented within the population. The local labour force includes 96,200 people, or 81.3% of the total population. With an unemployment rate of 3.1%, recent data shows that employment in this area is lower than in the rest of the UK. The UK's annual average income is close to £31,000. Salaries in Charnwood are slightly lower in comparison, averaging £28,053 a year.
Could Home Care services be the right choice for you?
There are nine franchises in Home Care services to choose from. Home Care services is actually part of the Personal & Home Care Services sector which offers a wider selection. There are currently two Wedding franchises, three Photography franchises, two Security franchises, three Plumbing franchises and 17 Education franchises recruiting at this time. Amongst these opportunities, there is likely to be one to suit your career goals and aspirations.
Eager to find out more? Here are three franchise business examples
If you plan to invest in Home Care services, Apollo Care could be a good option. By joining its current nine franchisees, you would be joining a growing brand network. Starting an Apollo Care business requires a reasonable initial investment of £26,000. If you intend to get a loan to cover the startup costs, Apollo Care asks for a personal investment of at least £5,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these low startup costs, this option could be suitable for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance.
Kare Plus, open since 1989, is another interesting option. By joining its network of 70 franchisees, you could play a part in this brand's success. Kare Plus has been running for 31 years and has gained many loyal customers as a result. This business requires a reasonable initial investment of £75,000. 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 open a Kare Plus business is £25,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.
Lastly, Radfield Home Care is an interesting franchising opportunity in Home Care services. This brand is expanding, counting 13 locations in the United Kingdom. This business opportunity requires a substantial initial investment of £90,000. 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. Radfield Home Care requires a minimum personal investment of £27,000. It is thus less appropriate for new investors. A small premises will also be required to operate this business. If you can't afford the startup costs on your own, you may qualify for financial aid. Visit our website for more information.
Starting a business in Home Care services has great potential. If you're interested, explore our nine available opportunities. If you're curious about investment options in other sectors, we've got a total of 236 franchising opportunities to choose from on Point Franchise.
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