Home Care Franchise opportunities to start in Braintree
Braintree and its prospects for new Businesses
Would you like to run your own business? Braintree, located in the East of England, could be a good place to start. There are many brands currently recruiting franchisees in the Braintree area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. We offer a variety of realistic new business investment possibilities, so that you can find one you like.
Recent figures show that Braintree has a population of 152,000 residents. Residents in the 40-59 age category make up the largest portion of the population. The area has an economically active population of 74,000 people, or 80.4% of the total population. The unemployment rate (4.5%) is high compared to the rest of the UK. With an average gross annual income of £32,518, salaries in Braintree are slightly higher than the average income of £30,629 across the UK.
Running a Home Care franchise business
There are nine franchises in Home Care services to choose from. Home Care services is just one sector among many in the Personal & Home Care Services sector. Its five Drainage franchises, two Security franchises, 19 Care franchises, two Wedding franchises and four Medical franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting franchising opportunity.
Want to know more? Read about these three brands
Apollo Care operates in Home Care services. By joining its network of nine franchisees, you could play a part in this brand's success. To start your business, you will need an initial investment of £26,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Apollo Care, the minimum personal investment is £5,000. These low startup costs make this a good franchising option for first-time franchisees. You could also benefit from financial assistance, if eligible.
Home Care services have many brands worth considering. Check out Radfield Home Care. By joining its 13 franchises already in operation, you could contribute to this company's expansion. You will need an initial investment of £90,000 to start your own Radfield Home Care business. Your personal investment should account for at least £27,000 of the total amount. You may want to consider getting a loan to open a business in this sector. Due to the higher startup costs, this option is not recommended for first-time franchisees. A small premises will also be required to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Lastly, Right at Home could be another good option for you to invest in. By joining its current 49 franchisees, you would be joining a growing brand network. To open your own Right at Home franchise, you will need to invest £120,000, of which at least £40,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. Financial support is available for eligible franchisees. See our website for more information.
If working in Home Care services appeals to you, have a look at our nine available investment opportunities in the sector. Plus, with close to 250 alternative franchising options available across various sectors, Point Franchise offers plenty of choice to find the brand that best meets your needs.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.