Home Care Franchise opportunities to start in Haverhill
What to know before starting a franchise in Haverhill
If you'd like to open your own business but don't know where to start, a franchise might just be the answer. Haverhill, situated in the East of England, could be a good place to start as there are many brands currently recruiting franchisees in the Suffolk area. Starting a business should be exciting! Check out our range of franchising options, starting with the sectors that you feel most passionate about.
Suffolk has an estimated population of 759,000 people. The 60+ age group makes up the majority of the population. Unemployment in the area (2.4%) is very low compared to the United Kingdom as a whole (4%). The labour force represents 80.2% of the local population, or 350,800 people. The average annual income across the UK is just over £30,500. With a gross salary averaging £29,129, residents of Suffolk have a salary comparable to the national average.
Home Care services could be the right choice for you
If you want to manage your own business in Home Care services, the good news is that there are nine franchises currently recruiting new franchisees across the country. Home Care services is part of the Personal & Home Care Services sector which offers a wide selection of interesting options. These include four Medical franchises, 18 Child Care franchises, 11 Handyman franchises, nine Preschool franchises and 17 Education franchises. See if any catch your eye.
Here are three examples of franchise businesses
Apollo Care could be a great choice for you if you're interested in Home Care services. There are nine locations open so far, and the network is expanding. You will need to invest £26,000 to start your own Apollo Care business. At least £5,000 of this affordable amount should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. Financial aid can be provided in some circumstances.
Another possibility to consider is Kare Plus. The company first began operating in 1989. The brand has built strong customer loyalty over the past 31 years. By joining its 70 franchises already in operation, you could contribute to this brand's expansion. An affordable initial investment of £75,000 will enable you to start your own Kare Plus business. In most cases, your personal investment should represent 30 to 50% of the total amount. Kare Plus requires you to personally invest at least £25,000. You could potentially apply for a loan to cover the remaining costs. These low startup costs make this a good franchising option for first-time franchisees.
Home Care services have many brands worth considering. As a final example, take a look at Right at Home. By joining its current 49 franchisees, you would be joining a growing brand network. You will need to invest £120,000 to start operating your own Right at Home business, which is a substantial initial investment. Your personal investment should account for at least £40,000 of the total amount. Due to the higher startup costs, this option is not advisable for first-time franchisees.
If working in Home Care services appeals to you, have a look at our nine available franchising opportunities in the sector. If you are still not sure which sector best suits your needs, have a look through our selection of 236 new business investment opportunities across various sectors on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.