Things You Should Know About Care Franchises

November 14, 2018 9:17 am Published by

As one of the UK’s fastest growing sectors, care franchises are becoming popular options for entrepreneurs who want to start their own business. Franchising has a 90% success rate compared to 15% of new independent businesses so it’s no surprise that many entrepreneurs are choosing to launch a franchise over a new business venture (read the article here). Here’s what you need to know about starting your own care franchise business:

 

Why is there a growing demand for care franchises?

The UK’s ageing population along with a growing strain on the NHS has meant that people are turning to care providers and caregivers to support their loved ones. In turn, the demand is being met by franchise businesses who are able to offer home care, live-in care, and other similar services.

 

What does a care franchise business include?

At Home Care Preferred we offer the UK’s only one-stop shop to franchise business owners. From equipment sales to home care and even live-in care options, franchise business owners will be investing in a unique business model providing a range of services to clients in their catchment area.

 

Should I invest in a residential care home franchise?

Residential care homes are often more expensive to invest into. At Home Care Preferred, we offer short and long-term care solutions to clients. From medical care to home help, we offer our clients various support to suit their needs ensuring that they are able to keep their independence whilst living in their own home.

 

Who can invest in a care franchise?

Previous experience in the care sector is not a specific requirement at Home Care Preferred (or many other care franchises). We are able to provide the relevant training to franchise owners to ensure that you can carry out the services of the business. If you have the right enthusiasm, motivation, and dedication, we can help you create a growing and successful business. Hint: read more here about the characteristics you need to open a Home Care Preferred franchise business.

 

How do I go about opening a care franchise?

Like all franchise businesses, the first step is to evaluate your current financial situation and then do your research. There are so many franchise businesses available on the market, so it’s important to find the one that’s right for you. You can discuss the options with our business team – contact us here. Or, alternatively, keep reading to help you make the right choice – click here.

 

Continue reading other relevant articles:

 

 

The Characteristics Of A Good Franchisee

 

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This post was written by Home Care Preferred