Home Care Franchise opportunities to start in Birmingham
What can Birmingham offer to new businesses?
Located in the West Midlands, Birmingham 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 options in Birmingham and take the first step towards managing your own business. We offer a range of realistic new business investment possibilities, so that you can find one you like.
The population of Birmingham is made up of 1,141,000 residents. The most represented age group is 20-39 years old. Unemployment affects 4% of the UK population. With a rate of 8.8%, unemployment in this area is slightly higher than the national average. The labour force amounts to 522,400 people, making up 71.6% of the population. The local income averages £26,786 per year, which is slightly lower than the £30,629 average salary in the United Kingdom as a whole.
Why Home Care businesses appeal to franchisees
Home Care services currently offer nine franchise opportunities. If this sector appeals to you, take a look at our options. Home Care services are just one example of a sector you could invest in. Could your ideal business be among our three Plumbing franchises, 17 Education franchises, nine Nursery franchises, 17 Healthcare franchises and 19 Care franchises available in the Personal & Home Care Services sector? Have a look to find out.
Here are three examples of franchise businesses
Apollo Care is an interesting franchise operating in Home Care services. This brand is expanding, counting nine outlets in the United Kingdom. You will need an initial investment of £26,000 to start your own Apollo Care business. Your personal investment should account for at least £5,000 of the total amount. You may want to think about getting a loan to open a business in this sector. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. You may qualify for financial aid.
Have a look at Radfield Home Care, another attractive Home Care franchise. There are 13 locations open so far, and the network is expanding. In order to start a Radfield Home Care business, a significant initial investment of £90,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Radfield Home Care asks for a personal investment of at least £27,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A small premises will also be required to operate this business. Financial support is available for eligible franchisees.
Finally, another interesting franchising opportunity is Right at Home. By joining its network of 49 franchisees, you could contribute to this brand's success. This business opportunity requires a significant initial investment of £120,000. 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. Right at Home requires a minimum personal investment of £40,000. It is thus less appropriate for new investors. You could also receive financial assistance, if eligible. See eligibility details on our website.
Home Care services offer nine franchising opportunities. You will find a total of close to 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.