Now is a great time to set up a homecare business, bringing you the rewards of helping your community and earning a good living.
Home care business owners manage a team of care givers rather than deliver care themselves.
Current and future demand for homecare is extremely high, so there's plenty of room for new businesses. But how do you get into this specialist and highly-regulated sector without previous care sector experience?
The answer is a franchise
Some of the biggest names in homecare are franchises. A franchise is a network owned by franchisees, trained and supported by a franchisor. You don't need experience in the care sector because in exchange for an initial investment and monthly fees, the franchisor's experienced team helps franchisees set up and run their businesses successfully.
For instance, at Walfinch, all our local managing director franchisees get help from our Compliance and Quality Manager Amanda Keeler with regulation and regulators' inspections. They get coaching from franchise Advisor and Business Coach Simon Mills and support from care experts Julie Farrow and Richard Stanfield to help build their businesses.
As a franchisee you also get an established name and reputation, plus access to the franchise's centralised services, technical and financial systems, leaving you free to focus on growing your business and servicing more clients.
Not in business alone
As a franchisee you are not alone in business, but part of a network of fellow-franchisees who understand what it's like to be new to the sector. You can call upon them for help, advice and to celebrate your successes.
Many of our network of 26+ franchisees had no previous care sector experience, proving that it's possible to move into homecare successfully with a franchise. I did this too - my background was in hospitality, but I moved into homecare as a franchisee, and then founded Walfinch, a successful, growing business covering large parts of the country.
Massive demand
You'll need a mixture of compassion, dedication, and business savvy. If you have those, we can help you become a successful homecare franchisee. There's a huge market waiting for you.
There were almost two million requests for adult social care to English local authorities in 2021-22. That's 5,420 requests a day, up by 170 from 2021. The waiting list for social care rose to over 500,000 in 2022. Demand is also increasing from private clients who pay for care themselves. In the future, it's predicted that 57 per cent more adults aged 65+ will require care in 2038 in England alone, compared to 2018, and demand for care from 18-64 year-olds will increase 29 per cent.
With a Walfinch homecare franchise we can help you be part of the solution and earn a good living at the same time.
At Walfinch we are always ready to provide information to people with business experience considering a move into the homecare sector. Visit Walfinch now or call us on 02045414545
