Tag Archive: franchising

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

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 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

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

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

business-plan

A Guide to Preparing a Business Plan

May 31, 2017 11:09 am Published by

Your Business Plan is the ‘sales document’ for you and your business. It’s preparation and presentation should project the image you want for your business. Its content should be clear, concise, to the point and divided into logical sections. As a guideline, your plan should structure broadly as follows: 1. Introduction Describe the purpose of your Business, briefly outline the concept. Include YOUR overall business objectives. Decide on the ‘legal status’ of your business – sole trader, partnership, limited company or co-operative? All have benefits and shortcomings. Find out which is right for your situation. 2. The Product or Service Describe precisely the product or service that your business will offer. Include any relevant history of the product or service... View Article