We are all aware of the phrase ‘new normal’ but is it time to start thinking about the new you?
The last 16 months may not have been as we all planned but for many it has inspired us to pursue opportunities that we previously wouldn’t have considered.
Many have a dream of independence and having a business of their own but some lack the confidence to do this independently. Maybe it’s a change of sector or the fact you may not have ever owned your own business. Have you ever thought about exploring franchising to achieve your personal ambitions and are you aware of the concept of franchising?
A franchise is a business that is owned by an individual who has a contractual agreement in place with a franchisor, this agreement enables the franchisee access/use the franchisors trademark, systems, processes and certain elements of support to enable them to grow a business for themselves but not by themselves.
Franchising has shown itself to be both a resilient and adaptive industry with less risk of business failure. The yearly GOV.uk statistics show that between 500,000 – 700,000 new startup businesses are launched in the UK every year. 20% of businesses fail in their first year and around 60% will go bust within their first three years [fundsquire.co.uk].
Reasons why start-ups fail:
- 42% of startup businesses fail because there’s no market need for their services or products.
With an increasing population and ever growing pressures on the NHS, demand for Healthcare and Homecare services has never been so high.
- 23% failed because they didn’t have the right team running the business.
We support you from the very beginning to form your internal team as well as always having the support teams at Head Office.
- 17% failed because of a poor product offering.
We offer the uniques opportunity to provide healthcare staffing solutions AND Homecare services enabling you with multiple services and revenue streams
- 17% failed because they lacked a business model.
With a Kare Plus Franchise you will follow a proven business model that is not just successful but adaptable and scalable to build on
- 14% failed because of poor marketing.
Kare Plus prides itself on its impactful branding and marketing. With our franchise award winning marketing department you will not only receive access to all materials, literature and portals you’ll receive unwavering bespoke support and advice aswell as national advertising coverage as part of your agreement.
If you are considering a new normal and you want to own a business that matches your ambition, then we would like to invite you to our virtual discovery day where our team will guide you through the entire process. The day will also feature presentations from our franchise funding partners, HSBC to talk you though your finance options. Spaces are limited so please reserve your space as soon as possible.