Home care (also known as domiciliary care) is the ‘front line’ of UK social care provision to over 350,000 elderly and a further 76,300 younger people with learning disabilities, physical disabilities or mental health challenges, funded by public authorities who commission over 249 million hours of home care.
The sector is highly regulated by the Care Quality Commission (CQC) who, through inspection, assess and grade service levels being delivered by home care agencies.
Demand for publicly funded home care provision is predicted to increase significantly to 468,000 elderly by 2035. In addition, users of self-funded private pay home care, representing an estimated 24% of homecare revenue, is set to increase by 49% whilst care at home for younger adults with learning disabilities is predicted to rise 51%.
Currently an estimated 680,000 people are employed by agencies (similar to the number of people employed by care homes) delivering ‘direct care’ and this number will need to increase significantly in the coming years to meet the growing need. At any one time there are around 110,000 vacancies for staff.
Why should I invest?
The facts speak for themselves. Investing in a business opportunity in a market that is set to grow and in partnership with an experienced market player makes good economic sense!
Flexible healthcare staffing and homecare services in the UK are currently estimated to be worth over £12 billion per year and rising. A growing elderly population, the introduction of the Governments direct funded option for social care provision choice and more people paying privately to fill the shortfall of publicly funded health care means the future is bright for your new venture!
What do you get with Network Healthcare?
If you chose to become a business owner under the expert guidance of Network Healthcare, a company that has been working in the sector for over 20 years, you will be working to a proven business model based on high quality home care provision. Only available to selected Partners as a Franchise operation combining a recruitment and care at home business giving an opportunity for long term sustainability.
A unique financial arrangement is included reducing the cash needed to finance the business payroll with a fully centralised invoice and collection support.
A full initial training package and ongoing learning & development throughout the lifetime of your business partnership with Network Healthcare and Pertemps Network Group, the largest independent recruitment company in the UK with 50 years of experience.
A territory that has been researched to ensure it is large enough, with a rich demographic profile, for you to build a profitable business. Territories are awarded exclusively and many areas of the UK are available - we will not open offices where existing offices operate.
Could I be a franchisee?
You will need to be able to demonstrate that you can lead from the front and work within our proven framework to ensure the greatest chance of success.
No social care experience necessary but passion, a caring personality and ambition to own a local franchise serving your community are at the heart. Network Healthcare Franchise Partners come from a broad range of professional backgrounds but sharing a number of core values and qualities.
Network Healthcare are uniquely placed in the sector and have established a stand out 2 Stage Brand Partnership investment programme.
Stage One: Acquisition of the NHBP Recruitment Model – one off fee £15,000
Stage Two: Invitation to join the NHBP Homecare Provision Model - £15,000
The total Franchise Fee is therefore £30,000 + VAT plus 7% ongoing Management Charge
Unlike other home care offerings on the market we provide full invoice financing of your care worker staff costs as part of the management charge which will reduce your need for additional finance from Banks or Financial Institutions.
Many things can influence your profitability so we would prefer to be cautious as the size of your team, cost of premises and your own Directors drawings will have a bearing but as a guide based on previous start ups you should expect to be delivering a £1 million turnover by the end of Year 3!
Note: This will depend on you working in line with the the proven methodology established under the Franchise Agreement with Network Healthcare.
Some more detail for you...
We like to provide our Brand Partner Franchisees with everything they need to start their business and grow a successful £million operation - allowing you time to focus on doing business!
Full pre-opening support with the dedicated services of a Brand Partnership Director
Exclusively researched territory
Full debt factoring - vital for cash flow
Email and Network Healthcare website presence
Operational software to deliver scheduling, planning and invoicing
Comprehensive induction training for the Franchise owner and an additional person
Help with accreditation and registration with care authorities
Training, learning & development including NVQ Level 5 in Social Care
'Start up' package including marketing launch, care staff uniforms and stationery
Operations manuals and policies
Assistance with recruitment, legislative and HR issues
Property advice and assistance
Business Development Manager experienced at winning business and free access to upcoming tender notices
Full payroll and invoicing function including credit control
Large company discounts including discounted DBS checks
Regional networking meetings and conferences
Take the Next Step
We recognise that deciding to be your own boss is a big decision and you must be fully informed so rather than prescribe a 'process' our Brand Partnership Team will work with you at your own pace.
You will be given an opportunity to attend a 'Discovery Day' - this is an informal opportunity to find out more about us including a visit to our Head Office functions and visit a working Network Homecare office. You will also have plenty of opportunities to speak with our existing network of Brand Partners too – we just don't want you to take our word for the potential that lays ahead!