Good Oaks Care Franchise
£25,000 Minimum Investment
Good Oaks Care Franchise Opportunity
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Established in 2011 by co-founders Ben Ashton and Darius Mitkis. Each of whom has helped develop the core brand of Good Oaks Care with their unique skills in the fields of business innovation and financial directorship respectively. And having since been joined by Fiona Storey, a director of operations with over 25 years’ experience in both the NHS and private sector, and a strong progressive management team beneath them. Good Oaks has developed into one of the foremost premium care providers for the elderly in the United Kingdom, with a reputation for quality, dedication and innovation they are committed to building a new model for the next generation of home care, and transforming the lives of families for the better across the U.K.
The Good Oaks franchise model is one that is based on a series of carefully selected objectives and principles, that make it one of the true pioneers at the forefront of the home care sector. They are committed to innovation, using the latest and best in digital tools to change the way care services are delivered. They ensure accessibility, making sure that their directors are always available to provide support and advice to their franchises. The management team is committed to nurturing their franchises, with hands on support, both face to face and in person, and providing a wide range of tools and resources to ensure success.
With the care sector set to undergo an exponential increase in the coming years, projecting an increased demand of up to 44%, there has never been a better or more important time to invest. And the kind of long term and cutting-edge approach that Good Oaks provides is perfectly suited to thrive in this constantly evolving market.
Residential Care Homes
According to the UK governments care homes study 30th November 2017 the care homes sector is worth around £15.9 billion a year, with around 410,000 residents. They calculate that there are 5,500 different care service providers in the UK operating 11,300 care homes for the elderly. Approx 95% of their beds are provided by the independent sector (both for-profit & charities ). Government local authorities generally commission care services from independent care providers. On average the cost for a self-funder in 2016 was £846 per week (nearly £44,000 per year), while Local authorities paid around £621 per week.
UKHCA estimate that total local authority expenditure on domiciliary care services in the UK in 2014/15 was £3.9 billion. As personalisation or self-directed support policy progresses nationally,the uptake of direct payments has increased. UKHCA estimate that totallocal authority expenditure on direct payments in the UK in 2014/15 was £1.5 billion. There has been a trend in England over recent years for NHS Clinical Commissioning Groups (CCG) to purchase social care and health services from the independent and voluntary sector. In 2014/15 total CCG expenditure on non-NHS care services was £2.3 billion. At this time we do not have more detailed expenditure analysis available or domiciliary care specific expenditure data. Data on expenditure by people who self-fund their care is sparse. UKHCA estimate that expenditure on domiciliary care by self-funders in 2014/15 was £713 million.
With this very large and apparently growing sector there are many different opportunities to start a business with a domestic & care home franchise, providing care in peoples homes via a home care franchise or domiciliary care franchise or setting up a residential care home franchise business.