Personal & Home Care Services Franchise opportunities to start in Hereford
Starting a new business in Hereford
Hereford, located in the West Midlands, has many opportunities for people looking to start their own business. There are several brands currently recruiting franchisees in the Herefordshire area. This could mean working for yourself while benefiting from the comprehensive support of an established brand. Have a look at our various franchising options to discover the sectors and brands that most appeal to you.
The Herefordshire area has a population of 192,000 people. The most represented age group is 60+ years of age. The region has an economically active population of 93,100 people, or 85.1% of the total population. The unemployment rate (2.5%) is very low compared to the rest of the UK. Salaries in Herefordshire average £25,778 a year, while in the UK the average salary is just over £30,500.
Why the Personal & Home Care Services sector appeals to franchisees
If you would like to run a Personal & Home Care Services franchise, you are likely to find one that interests you among 185 available across the United Kingdom. Take a look at our 18 Child Care franchises, five Gardening & Lawn Care franchises, 11 Handyman franchises, five Drainage franchises and 14 Kids & Childrens franchises. Could one of these businesses help you reach your career goals and aspirations?
Three franchise business examples
If you like the idea of opening a business in the Personal & Home Care Services sector, Debutots could be an option for you. Initially established in 2003, the brand now has 17 years of experience, making it a leader in the sector. By joining its 17 franchises already in operation, you could contribute to this company's expansion. You will need to invest £7,920 to start operating your own Debutots business, which is a reasonable initial investment. Your personal investment should account for at least £4,000 of the total amount. 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 will also need to invest in a small premises to operate this business. Also, if you can't cover the startup costs alone, you may be entitled to financial assistance.
Banana Moon is another competitive brand operating in the Personal & Home Care Services sector. The first franchise launched in 2010. In order to open a Banana Moon business, an initial investment of £60,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Banana Moon requires a personal investment of at least £47,500. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Lastly, Moonstone Day Care is another interesting investment opportunity if you plan to invest in the Personal & Home Care Services sector. The brand is expanding, with five outlets currently in operation, and a desire to expand further. Starting a Moonstone Day Care business requires a significant initial investment of £100,000. If you intend to get a loan to cover the startup costs, Moonstone Day Care asks for a personal investment of at least £40,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. You may qualify for financial aid. See our website for details.
If working in the Personal & Home Care Services sector appeals to you, check out our 185 available franchising opportunities in the sector. At Point Franchise, we have 236 new business investment opportunities available, giving you plenty to choose from in other sectors as well.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.