Your initial investment amount depends on which location interests you and how quickly you can acquire new clients. Home Caring establish a new company to operate the franchise in the Marketing Area you select.
Home Caring establishes a new partnership entity as part of the recruitment process and the Partnership Franchisee will be allocated 50% of the shareholding in that business upon the signing of the agreements.
Home Caring will open the bank account for that company and on the signing of the legal documents, each party will invest the agreed amount into that bank account. This new company will also be the Franchisee so any payments will be made from that bank account to suppliers, care workers, office staff, the Franchisee’s salary and to the franchisor. All income into the business will also be paid into the same account.
A complete breakdown of these costs will be made available at a later stage of the enquiry process.
You will also need to factor in the costs of obtaining legal, accounting or business advice