Caremark is a white-collar management franchise, focusing on the huge home care market in the UK

Caremark is proud to be a wholly UK owned and operated home care franchise with an established and successful UK based network.

As a franchisor they seek to be responsive to the changing needs of homecare.  This has led us to add to our existing award-winning system of home care by creating an innovative approach to supporting people, primarily to address the growing problem of loneliness.  This we call PatchCare®.  By creating communities through care, vulnerable people receive the best of both worlds – great care at home and ongoing companionship.

What are the main services the business offers?

Caremark provides tailor-made, high quality care and support to people of all ages, abilities and ethnicities through its network of UK and international offices. Their services include support with personal care and other daily tasks such as light housework, meal preparation, as well as companionship, medication assistance, live-in care and children’s services, accessing the community, social and leisure activities, and support with attending important appointments.

How does this company stand out from competitors?

Caremark is proud to be the only British privately owned and operated home care franchise which has an established and successful UK based network.

Caremark's proven home care business formula works because it provides people with the option to receive excellent care at home in a form tailored to the needs of the individual.

Caremark have the lowest management fees in the sector: Whereas their main competitors will take upwards of 7% in management fees, they keep their fees at a sector low value of just 4.5%, while providing a high quality service to their franchisees.

There are great opportunities from multiple income streams, including from PatchCare®, their revolutionary new way of delivering care.

Caremark also focus on staff retention, with an internal culture campaign promoting their values and aimed at ensuring the care staff feel valued and, in return, want to stay.

Caremark ranked 7^th in the Elite Franchise Top 100 franchises 2019. Alongside this, numerous offices and individuals across our network regularly win care and franchise awards, with our youngest franchisee Hannah Drury, Caremark (Sutton) scooping yet more business awards this year.

What experience should I have, or qualifications?

Caremark are looking for professionals who have management experience, are ambitious, have a real desire to build a sustainable, successful business in their local community. You must have a passion for the industry, have good communication skills and enjoy meeting with people and networking.

Where will my business be based?

You will be operating from your office, based in your designated territory. Part of the support offered in the initial stages is working with the regional development manager to find a suitable office.

What are my main activities as a franchisee?

• Business development.
• Developing contacts with the local authority, NHS discharge teams, other key stakeholders in your community.
• Marketing the business.

You will recruit a care manager who will look after the operational side of the business, including the recruitment of care staff and overseeing the delivery of care. They will maintain a quality and compliant service and oversee the training.

What training is provided?

You will attend a 10-day programme, with 8 days classroom-based and 2 practical days (one day at a franchisee’s office and one day training on software), giving you the knowledge you need to set up a successful Caremark franchise. The training focusses on legislation, policies and procedures, suppliers, finance, PR and marketing.

What is the total start-up cost of the franchise and what does it cover in summary?

£110,000. This covers the franchise package (£39,750 + VAT) and the 12 months working capital (around £65,000).

How much personal funding do I require and can I obtain funding?

£36,000 personal funding. Caremark have strong partnerships with a number of leading high street banks, who will normally lend around 70% of the total investment required, subject to a satisfactory business plan.

How do I get clients?

By promoting your services to the private market and developing relationships with your local authority, NHS discharge teams, and Clinical Commissioning Groups (CCGs). You will be supported with this as part of the support Caremark offers.

What financial rewards can be achieved?

You will gain entry into a specialised growing market which is already worth approximately £21bn and is still expanding fast. Their most successful franchisees can demonstrate £1M turnover within 3 years.

What flexibility is there to achieve a better work/life balance?

Once the business is established and a good staffing structure is in place, many franchisees find they are able to set their own schedule, have more opportunities to take holidays and spend quality time with their families.

Can I sell my business in future?

Yes, you can sell your business at any time, throughout the 7-year term of the franchise agreement. The business is built with aim of it having a saleable value in the future. Caremark can assist you with the resale process and they will need to approve any prospective purchasers.

Why buying a Caremark Management Franchise could be the right choice for you:

1. Caremark's team provides support to more than 100 offices at a 3:1 ratio
   
2. Caremark have the lowest management fees in the sector
3. Award winning training of the proven Caremark formula and systems
4. Great opportunities from multiple income streams
5. Increasing demand for high quality, bespoke home care

Find out more about the Caremark Management Franchise, the award-winning Care Services Business. Click below now!