A Walfinch home care franchise is the opportunity to make a genuine difference to your community, while making a good living. Few businesses offer this combination of rewards.
Management Support Fee (MSF) 5% plus VAT
5% plus VAT
Average floor space:
*Download our franchise brochure here
Welcome to Walfinch!
Walfinch offers an alternative to care homes. We know that more than nine out of ten people say that if they need care, they would prefer to receive it in their own home. Walfinch franchisees across the UK help address this need offering home care to clients in a caring professional way with integrity, excellence, teamwork and fun.
There is a large, growing, and under-served market for home care. Almost 12m people in the UK are aged 65 and over, 5.5m are 75+ and 1.6m are 85+. All these figures are growing and will continue to do so.
The ageing population means the demand for care services exponentially surpasses supply, so the size of the care market is growing. But the care market is not limited to older people. Walfinch also offers care for people with specialist care needs, so there are a variety of business streams.
There are always people who require care, and with Walfinch you could be the one to provide it.
As a Walfinch franchisee you can
- Work in a rewarding sector, helping others
- Support your local community through offering employment opportunities
- Achieve business independence
- Build an asset: 60% of Walfinch franchisees reach £290,000 turnover in year one
- Potentially generate £575,000 in turnover by year three
- oin a welcoming, supportive team
- Enjoy your job and have fun!
Range of Walfinch Services
As a business owner with Walfinch, you will have the satisfaction of leading a team of caregivers to provide personalised, live-in and visiting-hourly care, enabling clients to live their lives independently and on their own terms.
Walfinch’s care services include companion care, elder care, dementia care and respite care, plus care to people living with a learning disability, physical disabilities, stroke rehabilitation, injury and convalescent care.
Uniquely, Walfinch can offer live-in care too which can mean the difference between clients staying in the own homes rather than moving to a care home. Your range of services will mean you have the power to improve the quality of life for so many people!
An essential service with year-round demand
When people need extra help, 96% of them say they prefer to remain in their own home, rather than moving into a care home – and domiciliary care means that most can do this.
Home care means people can maintain their independence and keep up their social connections, and the UK government and NHS actively promote at-home care services.
A home care franchise benefits from year-round demand, which creates more consistent human resource demands and cash-flow for the business owner. As an essential service employing essential workers, a home care franchise operates in all economic and circumstances.
TRAINING AND SUPPORT PROVIDED
What kind of training and support do you receive with a Walfinch franchise?
- A 10-day initial formal training programme
- Help with CQC registration
- 90-day business launch plan
- Marketing and business development training
- Software training
- Assistance with office set-up
- Support meetings
- A full administrative system
- Operations manual
- 250 business cards and 500 leaflets
Ongoing training and support
- 45 hours of ongoing training and support annually
- Recruitment workshops to help you recruit and retain the very best caregivers
- Business development workshops to help you grow your business
- Compliance coaching to ensure you meet – and exceed – the highest regulatory standards
- Business coaching
- Periodic CQC-style inspections led by the franchisor, to prepare you for the all-important official CQC inspections or Care inspectorate in Scotland, Wales and Norther Ireland
- Use of Walfinch brand
- Dedicated webpage on the main website
- Social media support
- Advertising materials
- Assistance building 100 key contacts
- Lists of and introductions to referral providers
- Exclusive territory license
- Your territory will cover a minimum 250,000 people
- 40,000 people aged 65+
Advanced back-end systems to facilitate:
- Business development
- Financial management
- Compliance and procurement
- Recruitment and training
THE IDEAL WALFINCH FRANCHISEE
Despite high demand for services, we are looking prospective franchisees to join our team who have a genuine commitment to high quality care. They should be diligent, have people skills, be resilient and patient with the drive to build a solidly growing business.
Of course, you could set up a home care business on your own, but this is a highly regulated sector where the utmost attention to quality of care is essential. Starting your business with Walfinch means we will train and guide you through the necessary processes to ensure you and your team are ready to deliver the highest quality of care within your community.
Do I need experience?
We provide all the expert training and support you will need, whether or not you have care sector experience – though experience in business helps.
Is it for me?
We look for people who pass the Mum Test! People who want to run a thriving business that provides the quality of care that you would want for their own mum. Care that always meets – and beats - the statutory quality requirements but goes even further. We also believe that great care starts with caring for our caregivers too, so we look for people who prioritise not just their care clients and their families but their caregiver team. You don’t need to have previous care sector experience, but you’ll be business-minded with a passion to grow a business that delivers financial independence and solid rewards.
Walfinch is a family-owned and run domiciliary care agency. Our brand is CQC-registered and has a reputation for providing quality care across the country. We have 25 franchised branches, and our teams of care givers look after thousands of clients.
How long will it take to launch from the time I sign the franchise agreement?
Normally 3 – 4 months depending on things like CQC registration, finding an office, and recruiting carers.
Will you help me with a business plan for the new business?
Yes. We will provide a business plan template, and this will allow you to adjust key figures to ensure that it is ideally suited to your territory.
Are there any other costs I can expect?
Yes, other costs to budget for include a local office, local advertising, computer, office rent and working capital. Working capital will depend on how much money you need to draw from the business to fund your own lifestyle during the set-up of the business and until it gets into profit.
What is my expected break-even, and how long should it take me to reach it?
The time to reach break-even is governed by finding carers and clients of your business, but our experience is that it normally takes anything from 12-18 months to achieve profitability.
Do I need any healthcare training or background to join Walfinch?
No, but you will need a background in business and the ability to understand how a business operates.
Will you help me find clients?
Yes, we train you to find your first 100 local contacts in your territory and train you on the business development system to find and retain key contacts in the area, who will keep referring clients to you.
How will I know what to charge clients?
Completing a local business plan will clarify what the level of charges should be. We help you with a territory review, so you understand pricing in the territory. This allows you to pay carers well and make a fair profit.
*Download our franchise brochure here
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