Ready to thrive in the growing care sector? Are you considering starting your own disability support or aged care business?
Or are you already an independent operator, looking for help to meet compliance obligations and grow your business?
Franchising with For Care provides the opportunity to build a rewarding and successful business while making a real difference in the lives of others.
Here are some of the most frequently asked questions about our franchising process:
What are the initial investment costs?
The initial investment cost to become a For Care franchisee can vary, depending on costs associated with establishing a branded shopfront/office.
There is an initial establishment fee of $80,000. For Care can assist with finance by contacting preferred banks and lending brokers who understand our business and have assisted us for many years.
What kind of ongoing support can I expect from For Care?
For Care is committed to supporting our franchisees throughout their journey. We provide comprehensive training and ongoing support in areas such as:
- Initial Training: Our comprehensive 3-week training program will equip you with the necessary skills and knowledge to run a successful business.
- Ongoing Support: You’ll receive regular follow-up with ongoing coaching, mentoring, and key updates on the network and industry changes.
- Operational Support: Our experienced team will provide guidance on day-to-day operations, including HR, payroll, and quality assurance.
- Marketing and Branding: Your efforts to attract and retain clients will be supported with detailed local area marketing plans, custom collateral, and national promotional activities. We provide you with access to quality marketing materials and resources, support for local marketing initiatives, and guidance on digital marketing strategies to effectively reach your target audience
- Financial Management: We equip you with robust financial management systems and ongoing support to track revenue, manage expenses, and ensure the financial health of your business.
- Compliance and Regulatory Support: Our team of experts will provide you with ongoing guidance and support to navigate the complexities of the NDIS Quality and Safeguards Framework and the Aged Care Quality Standards, and ensure you have the knowledge and resources to meet all compliance obligations.
What are the ongoing fees and royalties?
As a For Care franchisee, you’ll be required to pay ongoing fees and royalties.
The Franchisee Fee is 6% of total revenue, with growth incentives. There is also a marketing levy of 2.5% of total revenue. These fees contribute to the ongoing support and services provided by the franchisor.
What are the qualifications and experience required to become a franchisee?
A passion for caring for others is essential. Prior experience in the disability and/or aged care sectors is beneficial, but it’s not a strict requirement.
How long does the franchising process take?
The franchising process typically involves several steps, including initial inquiries, due diligence, and finalisation of the franchise agreement.
The exact timeline can vary, starting from as little as 1-2 months, depending on your partnership model and personal circumstances.
Interested in Learning More?
Contact Us to schedule a free consultation and discover how franchising with For Care can help you achieve your business goals.
We’re here to answer your questions and guide you through the process of becoming a successful For Care franchisee.
