Good Oaks is an award-winning home care brand that gives the elderly the support they need within their own properties instead of in a care home. The company is looking to add to its ranks so it can provide these specialist services in new territories. Learn all about Good Oaks’ franchise opportunities below.
The Brand Provides Both Visiting Care & Live-in Care Services
The visiting care services involve trained technicians travelling to a client’s home and delivering everything from personal support to companionship. While the brand’s live-in care services are perfect for those who need round-the-clock assistance.
Coordinate Care in an Exclusive Territory
As the leader of a Good Oaks Home Care franchise, you’ll be tasked with establishing an office in a mutually-agreed on area, identifying business opportunities and developing your operation.
You’ll hire an appropriately skilled care coordinator who will manage your carer team and ensure that they achieve the highest possible standards on a consistent basis. The coordinator will use Good Oaks’ custom-made cloud-based management software to organise rotas and make sure all your clients’ needs are met.
You should know that your home care franchise agreement will last for a period of seven years. Although this can be extended for a further five-years after it expires, if you so choose.
Medical Expertise Is Not a Requirement
This is different from other home care franchise opportunities. You won’t be delivering in-home care yourself. That will be the responsibility of the expert technicians operating under your care coordinator. Due to this, you won’t need to have a background in the care sector or any medical experience whatsoever. What will be beneficial, however, is familiarity with management responsibilities as well as excellent communication skills. But don’t forget, the Good Oaks support team will provide you with in-depth training.
A Good Oaks home care franchise costs £14,000 at first. But you must be aware that you’ll need to cover additional expenses during the start-up process. The total price could be more than £30,000. You’ll get a specific investment figure and financial forecast once you apply.
In return for your money, you’ll receive full training, an exclusive geographically-defined territory, access to a bespoke operating system, the brand’s GOSTART package and that’s not all. You won’t find many other non-medical home care franchise opportunities that are as comprehensive as this.
Wondering when you’ll break even? Good Oaks estimates that you should be able to do so in less than 12 months. Plus, once you’re fully established, you should be able to earn net profits of up to 20%.
Funding Your Investment
There’s compelling evidence that both care home franchises and home care franchises enable entrepreneurs to become financially independent in a short period of time. As a direct result of this, you’ll find that the majority of money lenders will be prepared to provide up to 70% of the capital you require to partner with Good Oaks. Consequently, you’ll only need to supply 30% of the money yourself, making the investment far more affordable.
Of course, before you can make a loan request, you must first create a business plan. But rest assured that Good Oaks will connect you with a seasoned coach who will be able to talk you through the process and help you develop your strategy. You’ll be supported every step of the way!
You’ll Benefit From Constant Support
Good Oaks asks all its franchisees to take a residential training course. You’ll be taught about Care Quality Commission compliance, business expansion, financial management, marketing, staff recruitment and much more. But the support won’t end after this course has concluded. You’ll be assigned a registered care manager who will provide you with ongoing advice and guidance.
How will your home care franchise be promoted to the public? Good Oaks will utilise Search Engine Optimisation, Pay Per Click advertising and social media campaigns to market your enterprise as soon as you launch. You’ll also get a dedicated page on the company’s website.
Want More Information?
If you’re contemplating pursuing this franchise opportunity, send an enquiry and request further information. It’s easily done – fill out this form and submit it. It will take just seconds.