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Care Franchises

The care industry in the UK & the rest of the western world is going through a period of explosive growth. This has seen a rise in care franchises. As the post war baby boom generation retires from their jobs and ages, their children are left to balance busy lives, with children of their own while looking after mum and dad.

Many also do not want to place their parents in the permanent overnight care of an old people’s home. This has also helped the growth of care franchise opportunities. It is, therefore quite easy to see why entering the care business by investing in a care franchise could be a very wise financial decision. For the right person, this business will not only prove to be lucrative, but also an enjoyable & rewarding experience as you help to take care of someone who appreciates it very much.

There are several different types of care franchise opportunities for sale, including care home franchises, domiciliary care, home care, health care staffing agency & care home franchise opportunities

Investing in a care franchise will be a smart investment, but there are many facts to back this up, such as:

Facts about the care industry in the UK

 

Did you know?

  • The care industry brings in £7.8 billion to the UK economy each year
  • In 2018 just over 1.8 million people were employed in the care industry in the UK alone
  • The Office for National Statistics predicts a 36% growth in persons aged 85+ between 2015 and 2025, from 1.5 million to 2 million.

 

What do these statistics show for the care industry?

 

So these stats do not just show that the care industry in the UK is a good investment they also show that it is a sustainable investment. Because there is a forecast of 36% of people aged 85+ between 2015 and 2025, it will be increasing from 1.5 million in 2015 to 2 million in 2025. This shows there will be a huge demand for care services in the UK for years to come.

 

Would buying a care franchise be right for you?

 

Now you have seen the information above about the care industry now you have to make the tough decision on whether investing in care franchises would be right for you. Also, when making a business decision, it's very important to not just think about passion since even if you have a passion for caring, that does not mean a care franchise would be right for you since you are also running a business which requires dedication and market research. Also, it's crucial not just to have a passion. You also have to think about the longevity of the business decision. For example, would you want to run a care franchise for years down the line after you have made your money back from your investment?

 

Where to find out more about the care industry?

 

If you are still willing to pursue looking for the perfect care franchises for you, I recommend that you have a browse through our articles at our blog, which we regularly update here. We offer information around many different industries, all for free. Also, our blog has a very wide variety of articles, everything from industry statistics and market research all the way to franchising success stories in the care industry.

 

Conclusion

 

With an aging population, the care industry is forecasted to continue to grow and be a buoyant industry sector. We have a wide selection of care franchises here. Browse, and find your ideal care sector business opportunity.