Frequently Asked Questions about the Walfinch franchise opportunity
How long will it take to launch from the time I sign the franchise agreement?
Normally 3 – 4 months depending on things like CQC registration, finding an office and recruiting carers.
Will you help me with a business plan for the new business?
Yes. We will provide a business plan template, and this will allow you to adjust key figures to ensure that it is ideally suited to your territory.
Are there any other costs I can expect?
Yes, other costs to budget for include a local office, local advertising, computer, office rent and working capital. Working capital will depend on how much money you need to draw from the business during the set-up of the business.
What is my expected break-even and how long should it take me to reach it?
The time to reach break-even is governed by how long it takes to find carers and clients for your business, but our experience is that it normally takes anything from 12-18 months to achieve profitability.
Do I need any healthcare training or background to join Walfinch?
No, but a background in business and an understanding of how a business operates is desirable.
Will you help me find clients?
Yes, we train you to find your first 100 local contacts in your territory and provide training on the business development system. This enables you to find and retain key contacts in your area, who will keep referring clients to you.
How will I know what to charge clients?
Completing a local business plan will clarify the charges which reflect a fair hourly cost for Walfinch services. We help you with a territory review to understand pricing in the territory. This allows you to pay carers well and make a fair profit.
Is this opportunity full time or part-time?
Walfinch is a full-time management franchise opportunity. Initial franchisee training provides you with the know-how and support to set up and run a care business, as well as giving you an understanding of the care sector.
Are locations available? Could you help me choose a location?
We have territories available across the United Kingdom with strong demand for home care. It is possible to own and run more than one franchise with us.
Would You Like to Know More?
Receive more information about this franchise opportunity direct from the franchisor by clicking the link below:
Add to Request List There is no cost or obligation associated with this service.Key Facts:
- Available across the UK
- Franchise
- £25,000
- Yes
- Yes
- Yes
- Yes
- Member - Expanding
