Home Care Franchise opportunities to start in Loughton
Loughton is waiting for you to start a franchise business
The Milton Keynes area offers many interesting business opportunities. If you are interested in running your own business, you should consider franchising. This would allow you to work for yourself while receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Loughton. We offer a number of franchises to suit different budgets and career goals. Take a look at our selection of brands and sectors to see what might suit you.
The Milton Keynes area has a population of 269,000 residents. The majority of the population falls within the 0-19 age group. The local labour force includes 140,300 people, or 82.2% of the total population. With an unemployment rate of 4.8%, recent data shows that employment in this area is slightly higher than in the rest of the UK. The average annual salary across the United Kingdom is just over £30,500. With a gross income averaging £32,644, residents of Milton Keynes have a slightly higher salary than the national average.
Why open a business in Home Care services?
Across the United Kingdom, there are currently nine opportunities to run your own franchise in Home Care services. The Personal & Home Care Services sector offers a variety of options in addition to those in Home Care services. These include 17 Education franchises, nine Nursery franchises, two Wedding franchises, 12 Tutoring franchises and 11 Handyman franchises. Have a look at the brands available to see which could be your perfect match.
Take a look at these three business examples
If you like the idea of starting a business in Home Care services, Apollo Care could be an option for you. By joining its current nine franchisees, you would become a part of a growing brand network. This business requires a reasonable initial investment of £26,000. If you intend to get 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 an Apollo Care business is £5,000. Given these low startup costs, this option could be suitable for first-time franchisees. You could also benefit from financial aid, if eligible.
You could also consider Right at Home. The brand is growing, with 49 locations currently in operation, and a desire to expand further. You will need to invest £120,000 to open your own Right at Home business. At least £40,000 of this significant amount should come from your own personal investment. It is thus less appropriate for new investors. Eligible candidates may apply for financial assistance.
Home Care services have many brands worth considering. As a final example, check out Radfield Home Care. By joining its network of 13 franchisees, you could play a part in this brand's success. Starting a Radfield Home Care franchise will require you to invest a minimum of £90,000. At least £27,000 of this 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. You will also need to invest in a small premises to operate this business. If eligible, you might be able to benefit from financial aid. See our website for more information.
There are currently nine available franchising opportunities in Home Care services. Check out these businesses to find out if there's a good fit for you. With almost 250 franchising opportunities to choose from across a variety of sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.