Home Care Franchise opportunities to start in Stourbridge
Starting a franchise business in Stourbridge
Located in the West Midlands, Stourbridge is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, check out our franchising opportunities in Dudley and take the first step towards managing your own business. We offer a number of franchises to suit different budgets and career objectives. Have a look at our selection of businesses and sectors to see what might suit you.
There are 321,000 people in the Dudley region. Residents aged 40 to 59 years old make up the prevalent age range in the population. Dudley has an unemployment rate of 4.7% within its labour force of 145,500 people. This rate is high compared to the UK average. With an average gross annual income of £28,043, salaries in Dudley are slightly lower than the average income of close to £31,000 across the UK.
Running a franchise in Home Care services
If you wish to open a business in Home Care services, have a look at our nine franchises currently recruiting franchisees in the sector. Home Care services is part of the Personal & Home Care Services sector which offers a wide range of interesting options. These include 11 Handyman franchises, two Security franchises, nine Nursery franchises, two Electrical franchises and three Funeral franchises. See if any catch your eye.
Three examples of available franchise business possibilities
Radfield Home Care could be a great choice for you if you're planning to invest in Home Care services. This brand is expanding, counting 13 outlets across the UK. Opening a Radfield Home Care business requires a significant initial investment of £90,000. If you intend to get a loan to cover the startup costs, Radfield Home Care asks for a personal investment of at least £27,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors. You will also need to invest in a small premises to operate this business. By investing in this established brand, you could be eligible for financial assistance.
Apollo Care is an interesting franchise option in Home Care services. By joining its current nine franchisees, you would become a part of a growing brand network. A total of £26,000, an affordable initial investment, is required to start an Apollo Care franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £5,000 of the total investment should come from your personal funds. These low startup costs make this a good franchising option for first-time franchisees. An investment in this franchise entitles you to financial aid, if eligible. Visit our website for details.
Finally, another option to consider is Heritage Healthcare. The brand first began operating in 2013. Opening a Heritage Healthcare business requires a significant initial investment of £95,994. At least £35,994 should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
If you would like to work in Home Care services, the perfect investment opportunity could be waiting for you among our nine available franchises in the sector. Point Franchise currently has a total of 236 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.