Guardian Angel Carers, Nationwide Home Care Company, Presents Home Care Franchise Business Opportunity
Nationwide home care company, Guardian Angel Carers, provides business opportunities through their home care franchise model.
Home care services have never been in such high demand, and amid government initiatives to try and expedite hospital discharges and implement greater home care capacity, now is the opportune moment for investors, entrepreneurs and business people to consider the home care sector.
One nationwide uk home care company with a home care franchise model has grown rapidly through a successfully backed strategic approach, expanding from one branch to 14 and demonstrating how home care services as a business can prove profitable, sustainable, and dynamic while providing invaluable services to local communities.
The Guardian Angel Carers Franchise Model
Building on the track record of a reputable home care brand and launching a new franchise is inherently lower risk than attempting to start a new business from scratch – it is easier both to attract investment and financing, market care services to prospective clients and navigate the regulatory framework.
Guardian Angel Carers offers several benefits to potential homecare franchise investors, including:
- High-quality recruitment and marketing assistance.
- Support from a multi-skilled team of care industry experts.
- Access to technological solutions to implement advanced-level care.
Although the franchisee is ultimately responsible for the success of their branch, projections from real-world case studies show that revenue forecasts of £241,367 in year one, rising to £1.122 million in year three are viable and attainable, climbing to turnover of £2.003 million and above in year five and beyond.
The initial franchise fee is £28,500 net of VAT, and following the business model can achieve market-leading returns.
Guardian Angel Carers Head of Operations, Vikki Craig-Vickers says, "Our existing network of 14 franchisees report operating profitability of 15% to 20% gross within the first 36 months. We know what works and what is most important to meet the expectations of both our valued clients and the broader industry.
We provide access to data-driven, proven financial and reporting modeling and the wealth of expertise within our leadership, compliance, marketing and recruitment teams to ensure franchise owners have all the tools necessary for success."
Demand for Private Home Care Services
Well-publicised gaps in NHS and local authority provision have widened the chasm between available services and demand as the British population lives longer, healthier lives, and more people and families wish to retain the independence and autonomy of remaining in their own homes.
The number of individuals aged 80 or above already comprises 23% of the population. It is expected to double in the next 18 years, while the number of home care clients grew from 5 million to 12 million between 2019 and 2020.
In 2018, the UK homecare sector was valued at £991 million and is expected to reach £1,622 million by 2026, according to Fortune Business Insights.
Home Care Franchise Investment Compared to Independent Start-Ups
Franchises work well because they are backed by experienced management teams with established processes, marketing reach, recruitment policies and branding – rather than trying to grow a start-up without a pre-existing business ethos, structure and style.
Becoming part of a network allows new owners and managers to follow a roadmap, learn from the experiences of other franchise investors, and avoid common pitfalls.
In the home care sector, an in-depth knowledge of regulatory standards, best practices and safety requirements is key, alongside registration with the appropriate body, such as the Care Quality Commission in England, the Care Inspectorate Wales or the Scottish Care Inspectorate.
While new franchises must register with the relevant regulator, a strong network can be a significant competitive advantage, understanding the right leadership, record-keeping, rostering, staff management and care assessment protocols that adhere to the highest standards.
Franchise UK reports that, in 2022, over 90% of franchises were profitable, and less than 1% fail per year. These figures compare favourably to the Office for National Statistics metrics for other business models showing that, in 2021, 11.1% of businesses failed.
The Telegraph pre-pandemic 2019 article shows that as many as 20% of the 660,000 new companies registered annually in the UK close within the first year, and 60% are dissolved or liquidated within three years of trading.
The success rate of the franchise model is clear. It presents an investment opportunity for potential franchisees with previous expertise in the home care sector or astute managers looking for business ventures with a demonstrable, ongoing demand.
Read more about Guardian Angel Carers - Guardian Angel Carers Bucks the Trend Amid Record Home Care Waiting Times
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