Personal & Home Care Services Franchise opportunities to start in Shrewsbury
What to know before starting a franchise in Shrewsbury
Shrewsbury, located in the West Midlands, offers a variety of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Shropshire area. With your interests and business objectives in mind, have a look at our range of franchising opportunities.
The Shropshire area has a population of 320,000 people. The majority of the population falls within the 60+ age group. The local unemployment rate of 2.7% among 151,100 economically active people, or 82.9% of the population, is significantly lower than the average in the United Kingdom. The local income averages £28,225 per year, which is slightly lower than the close to £31,000 average income in the United Kingdom as a whole.
Why open a business in the Personal & Home Care Services sector?
If the idea of running a business in the Personal & Home Care Services sector appeals to you, check out the 185 brands currently recruiting franchisees in the field. Have a browse through our five Baby franchises, two Wedding franchises, 14 Kids & Childrens franchises, five Drainage franchises and nine Nursery franchises to find out if any suit your career goals and aspirations.
Here are three examples of franchise businesses
If you're planning to invest in the Personal & Home Care Services sector, have a look at Dale and Sons Funeral Directors, a brand that launched in 2018. By joining its one franchise already in operation, you could contribute to this brand's rapid expansion. A reasonable initial investment of £13,000 will enable you to start your own Dale and Sons Funeral Directors business. In most cases, your personal investment should represent 30 to 50% of the total amount. Dale and Sons Funeral Directors requires you to personally invest at least £5,000. 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. You could also receive financial assistance, if eligible.
Another possibility to consider is Moonstone Day Care. The brand is growing, with five locations already in operation, and a desire to expand further. A total of £100,000, a significant initial investment, is required to open a Moonstone Day Care franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £40,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not recommended for first-time franchisees. By investing in this franchise, you may be eligible for financial support.
Lastly, Christies Care is another successful business operating in the Personal & Home Care Services sector. By joining its network of two franchisees, you could play a part in this brand's success. To start your business, you will need an initial investment of £63,000. 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 Christies Care, the minimum personal investment is £30,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. Financial aid can be given in some circumstances. See our website for details.
If working in the Personal & Home Care Services sector appeals to you, take a look at our 185 available investment options in the sector. At Point Franchise, we have close to 250 new business investment opportunities available, giving you plenty to choose from in other sectors too.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.