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The care industry in the UK is a growing one, and it is one that offers many opportunities for franchisees. Demand for care homes and facilities has been partly fueled by the rising number of older people in the UK and the increasing levels of support available for those who would otherwise be unable to afford to pay for their care.
Consider the figures published by the Office for National Statistics (ONS) for example. Covering the period from 2001 to 2011, the ONS findings showed that there was an 11 per cent rise in the number of people aged 65 and over. In 2009 there were 12.4 million people aged 65+. This figure is expected to swell to over 16.5 million by 2020!
The figures highlight the increasing demand for care services in the UK. In-home, or Domiciliary care facilities are especially popular, particularly for older people who wish to retain some measure of independence.
There is also a growing demand for the training and management of care staff, especially those who make home visits. This presents a number of new and exciting opportunities for entrepreneurs seeking to create an ethical though profitable business delivering care services.
In addition to the high demand and potential profits that can be gained from investing in this growing industry, there are a number of other advantages.
One of the key benefits is the highly rewarding nature of the work involved. When you put your personal time and investment into setting up a service that will deliver valuable and much-needed services to your community, you are making a real difference to the lives of some of the most vulnerable people in society.
As a franchisee, with the likes of SureCare, and Caremark you will often be the manager of the operation, leading your team of carers in providing a quality service to be proud of, upholding the franchisors' brand values and benefitting from the expertise, knowledge and guidance that the franchisor provides in helping your own business to succeed.
When you invest in a care franchise, it is not simply a question of setting up a successful business. You will also have the satisfaction of knowing that you are improving quality of life, every, single day.
Additionally, the highly varied nature of the job, combined with the growing demand for care services in the UK will create a lucrative and powerful source of income.
If you are a committed and determined entrepreneur that is passionate about the health and wellbeing of other people, then you will thrive in this industry. Naturally, the nature of the profession requires you to have excellent people skills and be an effective communicator.
A medical background and/or experience in social care would also be beneficial in order for you to understand the needs and challenges faced by both patients and staff members, though Care Franchises provide significant training in everything relevant to the role of the franchisee, and the majority of such franchises are of a ‘Management’ focus.
You will quite often be dealing with distressed families or managing those who are providing frontline services, so patience, empathy and the ability to remain calm under pressure are among some of the most important qualities you will need to have.
Ideally, you should also have managerial experience in addition to organisational and business skills in order to make it work. Ultimately, it is your passion, strategic vision and determination to succeed that will dictate the level of success you will experience.
Be sure to take full advantage of the resources and support that will be given to you when you first invest in the franchise, as this will also help you to get the best out of your business.
Attending the various events and seminars that are taking place across the UK is a fantastic way to get access to the information and resources that will help to make your business investment a success.
Many of the care franchises on this site run Discovery Days to help you learn more about the opportunity, meet the franchisor and staff team, and also franchisees in a group environment.
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