$210,000 required to take on an aged care franchise
On this weeks Franchising web site, CEO and founder of Just Better Care franchise, Trish Noakes, advises the entry point for most aged care franchises is $60,000 but you will require $150,000 for working capital, to fund an office and a couple of...
On this weeks Franchising web site, CEO and founder of Just Better Care franchise, Trish Noakes, advises the entry point for most aged care franchises is $60,000 but you will require $150,000 for working capital, to fund an office and a couple of staff in the first year.
The article advises that a nursing background is not required but compliance is the biggest learning curve. Noakes states they sometimes get funding directly from the government, though 40% of our work is from people who choose to come to us, either as private clients or by directing a funded support package to our organisation. The balance of our work comes through brokerage arrangements with over 200 organisations.
