In 2018, the projected amount of money that will be spent on healthcare in the UK is a colossal £146.8 billion. As the NHS is under great pressure, this includes cash to be spent of business providers of preventative healthcare services, education, counselling and support with long-term conditions, for example.
Health is something that can truly be said to be relevant to all of the 65 million people in the UK. Which means that both the opportunities and target market for new healthcare businesses are vast.
For many people choosing self-employment in the healthcare sector, having the backing of an established company is important. It means being your own boss doesn’t involve the uncertainty of a stand-alone enterprise. Starting up cold as an independent healthcare services or products provider is tough. Having well-known branding behind you counts for a great deal.
Also, negotiating both healthcare contracts and low-cost equipment and supplies often requires the kudos of being an established and trusted player in this sector. A healthcare franchise also means getting insights on legislation, innovation and insurance issues, for example.
Wide choice of healthcare franchise options
If you do have an interest in health and would love to be self-employed, the opportunities for a healthcare franchise are diverse and abundant. From helping support the UK's fast-growing elderly population to improving childhood health. For example, you could provide professional staff services under the 247 Professional Health umbrella. Or health and social services in people’s own homes, with Everycare or Clarriots Care.
Western Provident Association (WPA) Healthcare Practice enables you to set up a health insurance franchise, while Lloyds pharmacy supports a network of healthcare retail outlets.
With such a huge target market and so many niches to explore, choosing the right healthcare franchise can be a headache.