Personal & Home Care Services Franchise opportunities to start in Hemel Hempstead
Investing in Hemel Hempstead could be your next move
If you'd like to run your own business but don't know where to start, a franchise might just be the answer. Hemel Hempstead, situated in the East of England, could be a good place to start as there are many brands currently recruiting franchisees in the Dacorum area. If you already know which line of work you'd like to pursue, look into our franchise options in that sector. If not, have a look and see what other options catch your eye. We have businesses to suit many different interests and career objectives.
Dacorum has an estimated population of 154,000 people. The age group with the highest concentration is 40-59. The local labour force includes 78,200 people, or 82.8% of the total population. With an unemployment rate of 2.9%, recent data indicates that employment in this area is significantly lower than in the rest of the UK. Residents of Dacorum have an annual average salary of £32,443. In comparison, the average gross income in the United Kingdom is £30,629.
Why Personal & Home Care Services businesses appeal to franchisees
Across the UK, there are currently 185 opportunities to open your own franchise in the Personal & Home Care Services sector. Could your ideal business be among our 12 Tutoring franchises, nine Home Care franchises, 12 Senior Care franchises, 14 Kids & Childrens franchises and two Wedding franchises? Have a look to find out.
Three franchise business examples worth looking at
Mathnasium is a competitive franchise operating in the Personal & Home Care Services sector. The brand's network is made up of 800 franchisees, which promote its visibility. Starting a Mathnasium business requires a reasonable initial investment of £77,000. At least £24,000 should come from your own personal investment. These low startup costs make it a good option to pursue for first-time franchisees. You may be eligible for financial assistance.
Another opportunity worth considering is Satchel Learning. By joining its network of three franchisees, you could play a part in this brand's success. Opening a Satchel Learning business requires an initial investment of £8,000. 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. Financial support is available for eligible franchisees. See our website for more information.
As a final example, have a look at Home Instead. Initially established in 2005, the company now has 15 years of experience, making it a leader in the field. The brand has developed over time and now operates in 1,200 different locations. Opening a Home Instead business requires a substantial initial investment of £90,000. If you plan on getting a loan to cover the startup costs, Home Instead asks for a personal investment of at least £30,000. For most franchises, this amount represents 30 to 50% of the total investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
If you are interested in the Personal & Home Care Services sector and want to discover more franchising options, take a look at the 185 brands available in this sector. On Point Franchise, there is plenty of choice in other sectors too. We have close to 250 new business investment opportunities in total to choose from.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.