Personal & Home Care Services Franchise opportunities to start in Braintree
Investing in Braintree could be your next move
If you'd like to open your own business but don't know where to start, a franchise might just be the solution. Braintree, situated in the East of England, could be a good place to start as there are many businesses currently recruiting franchisees in the Braintree area. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and career goals.
According to recent census data, there are 152,000 people in Braintree. The most prevalent age range in the population is 40 to 59 years old. The region has 74,000 economically active people, representing 80.4% of the population, with an unemployment rate of 4.5%. This rate is slightly higher than the country's 4% national average. The gross annual salary in Braintree amounts to £32,518, which is slightly higher than the national average of close to £31,000.
Why the Personal & Home Care Services sector appeals to franchisees
If you're considering becoming a franchisee in the Personal & Home Care Services sector, check out our 185 franchise options currently available in the sector. In fact, you can choose from 19 Care franchises, nine Preschool franchises, nine Nursery franchises, 17 Healthcare franchises and 12 Senior Care franchises today.
Have a look at these three business examples
There are many interesting franchising opportunities in the Personal & Home Care Services sector. Take Home Instead for example, a brand that was first established in 2005. The company is now mature and a leader within the sector, having developed its franchise community for 15 years. A network of 1,200 franchisees promotes the brand's visibility. This business requires a significant initial investment of £90,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Home Instead business is £30,000. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Another option worth considering is Heritage Healthcare, a brand that opened in 2013. To start your business, you will need an initial investment of £95,994. 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 Heritage Healthcare, the minimum personal investment is £35,994. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Finally, another option to consider is Jackson Fire and Security, a brand that has been operating since 2014. By joining its current 10 franchisees, you would become a part of a fast growing brand network. Starting a Jackson Fire and Security franchise will require you to invest a minimum of £69,500. At least £39,500 of this should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. By investing in this established brand, you could be eligible for financial aid. See our website for more information.
The Personal & Home Care Services sector has many successful franchise businesses. We currently have 185 opportunities available in this sector. You will find a total of almost 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.