Tag Archive: franchise

Franchise Owner Carole

From high pressure careers to a highly rewarding franchise

November 22, 2017 6:30 am Published by

With more entrepreneurs turning to rewarding careers in something they are passionate about, we caught up with Home Care Preferred’s latest franchisees to discuss the purchasing experience and why it was a good decision. Carole had dreamed of owning her own business for several years and following a difficult period for her family she received hands-on experience of caring for a poorly relative. She saw for herself what the care industry does in the community and it sparked a passion in the care sector. She decided to approach her friends and family (now her business partners) with a look at purchasing a care business. What did you do prior to opening a franchise and why did you change careers? I... View Article

Networking People

The Importance Of Business Networking

November 2, 2017 5:22 pm Published by

Networking is not only a valuable way to expand your business success, but it’s hugely beneficial to entrepreneurs as this is how they can attain new clients. After all, Marketing Guru Seth Godin says, “People do not buy goods and services. They buy relations, stories, and magic”!   Here are our top 3 reasons for why business owners should start networking! Hint: Read to the end to find out how to receive £1,000 instantly from your own network! Increased Business: Perhaps the most obvious reason, but joining networking groups will increase the number of times you showcase your business, make connections and therefore increase the amount of business you’re able to generate. Increased Knowledge: Networking with entrepreneurs can give you... View Article

Business Meeting

The Must Ask Questions for Franchisees

November 2, 2017 5:11 pm Published by

If you’re ready to purchase a franchise or if you’re meeting up with a potential franchisor be sure to read up on our last post about ‘What to Ask a Franchisor’? Click here to catch up. Before committing to a franchise, it would be a good idea to consider these additional questions to find out if the business is right for you. Ask these at your next meeting: What kind of profits would I make? A franchisor will be able to share with you their projections for profit. However, you must complete a business plan and take advice from your accountants. Will I have any additional start-up costs? You may already understand the investment requirements for your chosen franchise, it’s... View Article

Awards

We’re Finalists- The Franchise Marketing Awards 2017

October 23, 2017 11:43 am Published by

Earlier this year, Home Care Preferred Franchise entered the prestigious Franchise Marketing Awards 2017! The awards are one of the industry’s most coveted accolades and renowned for celebrating innovation and effective marketing support offered by franchisors to their franchisees. Judged by a panel of experts who are highly regarded in their fields the awards were held on Friday 13th October 2017 at the NEC, Birmingham.   The Home Care Preferred Franchise business is just over six months old, whilst we knew the competition for the awards would be strong we wanted to show how well the business has been doing since its launch and what we’ve managed to achieve in such a short space of time.   Our competition included... View Article

Person Characteristics Traits

The Characteristics Of A Good Franchisee

October 4, 2017 8:40 am Published by

Purchasing a franchise has some great advantages; such as working with an established brand or company and the support and advice you’ll receive from the franchisor, read more here. However, do you have the characteristics of a good franchisee to make the business a success? At Home Care Preferred we look for particular characteristics in our future franchisees, so we can be sure they are right for our brand, company and the job- find out more here. In this article we look at the core characteristics in further detail. The first and most important trait that a franchisee should have is passion! When considering your franchise, ask yourself if you’re passionate about the sector, the industry, and the people! Running... View Article

Business Planning

5 Launch Tips For The First-Time Business Owner

October 2, 2017 8:34 am Published by

As a first-time business or franchise owner it’s likely that you’ve written up your business plan, had meetings with your bank manager and by now you’ve even had the training (if you’re a franchisee), but as first-time entrepreneurs there’s a jump that you’ll need to take from where you are now to the business launch. Read our previous post- “4 Skills You Need Before Opening A Business“. If you’re ready to launch, here are our top 5 tips for truly understanding your business or franchise before launching: 1.The 60 Second Pitch: Can you describe your business, sell your product or state your mission in just 60 seconds? Learn to pitch from day one so you can clearly and concisely describe... View Article

Business Considerations

Working In The Care Sector: The Facts You Should Consider

September 15, 2017 5:37 pm Published by

Being a part of a home care agency and owning a franchise is not only a job for someone who feels passionate about the industry, it’s quickly becoming a requirement in the UK! In fact, did you know that by 2025 it is estimated that the need for care workers will have almost doubled to 2 million people?   The UK is currently served by 685,000 home care workers and 53% of them are part-time. Unfortunately, it’s not enough! There is an unmet need for care with 30% of women and 22% of men over the age of 65 in need of help carrying out daily activities who don’t receive the help they need.   As more and more people are... View Article

Interview a franchisor

What To Ask A Franchisor

August 24, 2017 4:56 pm Published by

You’ve done your research, looked at the financial reports and narrowed down your options to just a few franchises, which you feel passionately about and believe would be a good fit! How do you choose just one? Ken Waterhouse, founder and managing director of Home Care Preferred shares the important questions you should be asking your chosen franchise before making a commitment. How much will the investment be for the franchise? Ken explains that normally this information is supplied quite early on in the decision-making process, but it’s important to weigh up the pros and cons. Of course, you should also make sure you’re able to deliver the required investment before continuing conversations with the franchisor. How do you choose... View Article

Leadership, Team Leader

Be The Right Person For The Job

August 15, 2017 3:17 pm Published by

Have you ever sat in an interview or a meeting and realized that the people in the same room don’t share your core values? At Home Care Preferred, we’re selective about whom we bring on board to take on a franchise. Our focus is on personal characteristics rather than experience in the industry. Running your own care business can be challenging but with the right attitude and character, we think the right person can make it a huge success. What do we look for? Amongst drive, ambition, professionalism and commitment to great quality and service, one of the most important attributes we look for is honesty and integrity and a passion for the care sector. As a leader and business... View Article

Writing notes

What To Consider: Choosing A Franchise

August 15, 2017 3:15 pm Published by

You might already have chosen your franchise, or perhaps you’re just starting off on this journey, whatever stage you’re at this decision should not be made on a whim and you should carefully consider all of your options before making any big decisions. First and foremost, start by crafting a list to include the following; –      What are your interests? Think about the things you love, the things you’re passionate about! A franchise will become your business; use this opportunity to chose something you want to do for yourself and your future. –      Think about your budget! How much do you have and want to invest in the franchise? Include start-up costs in your budgeting so you’re well prepared for conversations with... View Article