Tag Archive: franchisee

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

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

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 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

Business Owner

4 Skills You Need Before Opening A Business

September 13, 2017 8:37 pm Published by

Opening a business or purchasing a franchise can have its own challenges, make sure you have these key skills mastered: Communication: Whether you’re writing a business plan in preparation to talk to a bank manager, or you’re about to meet with franchisors you’ll need to be able to master your communication skills. Later down the line, you’ll need to communicate verbally and written to suppliers, employees, and colleagues so now is the time to perfect it. Project Management: Not only will you need to manage the launch of your business idea or franchise, but you’ll also need to be able to project manage your timeline, budget, staff and more. If project management isn’t one of your top skills, consider taking... View Article