{"id":2803,"date":"2024-01-04T10:15:58","date_gmt":"2024-01-04T10:15:58","guid":{"rendered":"https:\/\/www.goodoakshomecare.co.uk\/franchise-new\/financials\/"},"modified":"2026-02-10T14:16:08","modified_gmt":"2026-02-10T14:16:08","slug":"financials","status":"publish","type":"page","link":"https:\/\/www.goodoakshomecare.co.uk\/franchise\/financials\/","title":{"rendered":"The financials"},"content":{"rendered":"<section class=\" pt-3 pt-md-5 pb-3 pb-md-5\">\n  <div  class=\"branch-details-block container-xxl\">\n    <div class=\"row\">\n      <div class=\"col-md-4 order-2 order-md-1 ps-0 mt-3 mt-md-0\">\n\n                  <img decoding=\"async\" src=\"https:\/\/www.goodoakshomecare.co.uk\/app\/uploads\/sites\/2\/2024\/01\/Financials-800x0-c-default.webp\" alt=\"\" class=\"img-fluid\" style=\"border-radius: 20px;\">\n        \n\n      <\/div>\n      <div class=\"col-md-8 order-1 order-md-2 ps-0 ps-md-5\">\n        <div class=\"branch-details-content\">\n          \n          \n          <div class=\"lead\">\n                      <p>The GoodOaks Way of providing care delivers for clients, employees and business owners. The model is sustainable and ethical, providing not only financial returns but a genuine sense of satisfaction knowing you are making a difference to your local clients, their families, and society more widely.<\/p>\n            \n                    <\/div>\n\n        <\/div>\n      <\/div>\n    <div>\n  <\/div>\n<\/section>\n\n<section>\n\t<div  class=\"list-icon-block  pt-3 pt-md-5 pb-3 pb-md-5\">\n\n\t\t\n\t\t\t\t\t\t\t<h2 class=\"fw-bolder mb-3 mb-sm-4\">Lifestyle returns<\/h2>\n\t\t\t        \n\t\t\t\t<div class=\"row \">\n\n\t\t\t\t\t\t\t\t\t\t<div class=\"col-sm-6 col-md-4 list-wrapper steps-style mt-3 \">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"h-100 list-item text-break position-relative simple-list bg-white  p-4\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"d-flex \">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h3 class=\"w-100 fw-bold mt-0 me-2 mb-4 pe-5 \">Set your own working hours and schedules <\/h3>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.goodoakshomecare.co.uk\/app\/uploads\/sites\/2\/2024\/01\/ClockSVG.svg\"  alt=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"col-sm-6 col-md-4 list-wrapper steps-style mt-3 \">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"h-100 list-item text-break position-relative simple-list bg-white  p-4\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"d-flex \">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h3 class=\"w-100 fw-bold mt-0 me-2 mb-4 pe-5 \">Grow your team and ultimately work on your business, not in your business<\/h3>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.goodoakshomecare.co.uk\/app\/uploads\/sites\/2\/2024\/01\/Business-SupportSVG.svg\"  alt=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"col-sm-6 col-md-4 list-wrapper steps-style mt-3 \">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"h-100 list-item text-break position-relative simple-list bg-white  p-4\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"d-flex \">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h3 class=\"w-100 fw-bold mt-0 me-2 mb-4 pe-5 \">Deliver care that matches the standards you\u2019d expect for a loved one<\/h3>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.goodoakshomecare.co.uk\/app\/uploads\/sites\/2\/2024\/01\/CareSVG.svg\"  alt=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"col-sm-6 col-md-4 list-wrapper steps-style mt-3 \">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"h-100 list-item text-break position-relative simple-list bg-white  p-4\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"d-flex \">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h3 class=\"w-100 fw-bold mt-0 me-2 mb-4 pe-5 \">Gain a sense of satisfaction from being an employer of choice<\/h3>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.goodoakshomecare.co.uk\/app\/uploads\/sites\/2\/2024\/01\/EmployerSVG.svg\"  alt=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"col-sm-6 col-md-4 list-wrapper steps-style mt-3 \">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"h-100 list-item text-break position-relative simple-list bg-white  p-4\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"d-flex \">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h3 class=\"w-100 fw-bold mt-0 me-2 mb-4 pe-5 \">Know you are improving the lives of your clients<\/h3>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.goodoakshomecare.co.uk\/app\/uploads\/sites\/2\/2024\/01\/Companionship-2.svg\"  alt=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"col-sm-6 col-md-4 list-wrapper steps-style mt-3 \">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"h-100 list-item text-break position-relative simple-list bg-white  p-4\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"d-flex \">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h3 class=\"w-100 fw-bold mt-0 me-2 mb-4 pe-5 \">Be a key part of the Health and Social Care eco-system, supporting your local NHS<\/h3>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.goodoakshomecare.co.uk\/app\/uploads\/sites\/2\/2024\/01\/Local-Eco-SystemSVG.svg\"  alt=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\n\t\t\n\t<\/div>\n<\/section>\n\n<section>\n    <div   class=\"banner-alt-block banner-search  pt-3 pt-md-5 pb-3 pb-md-5 mb-3 mb-md-5 border-20\">\n        <div class=\"row\">\n            <div class=\"col-md-4\"><\/div>\n            <div class=\"col-md-7 px-3 d-flex flex-column text-center \">\n\n                \n                    <h2 class=\"fw-bold text-white mt-0 mt-md-0\">1 actionable start-up insight a week, straight to your inbox<\/h2>\n\n                                        <div class=\"lead text-white mt-2\"><p>Try <strong>Found This\u00a0<\/strong>&#8211; no spam, just founder to (future) founder 2-min reads<\/p>\n<\/div>\n                    \n                        \n                                                <div 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false;}else if(!is_redirect){var confirmation_content = jQuery(this).contents().find('.GF_AJAX_POSTBACK').html();if(!confirmation_content){confirmation_content = contents;}setTimeout(function(){jQuery('#gform_wrapper_2').replaceWith(confirmation_content);jQuery(document).scrollTop(jQuery('#gf_2').offset().top - mt);jQuery(document).trigger('gform_confirmation_loaded', [2]);window['gf_submitting_2'] = false;wp.a11y.speak(jQuery('#gform_confirmation_message_2').text());}, 50);}else{jQuery('#gform_2').append(contents);if(window['gformRedirect']) {gformRedirect();}}jQuery(document).trigger('gform_post_render', [2, current_page]);gform.utils.trigger({ event: 'gform\/postRender', native: false, data: { formId: 2, currentPage: current_page } });} );} ); \n\/* ]]> *\/\n<\/script>\n\n                                                        <\/div>\n                        <\/div>\n                        \n\n                    \n\n            <\/div>\n                    <\/div>\n    <\/div>\n<\/section>\n\n<section>\n\t<div  class=\"list-icon-block  pt-3 pt-md-5 \">\n\n\t\t\n\t\t\t\t\t\t\t<h2 class=\"fw-bolder mb-3 mb-sm-4\">Financial returns<\/h2>\n\t\t\t        \n\t\t\t\t<div class=\"row \">\n\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\n\t\t\n\t<\/div>\n<\/section>\n\n\n<div style=\"position: relative; width: 100%; height: 0; padding-top: 48.8281%;\n padding-bottom: 0; box-shadow: 0 2px 8px 0 rgba(63,69,81,0.16); margin-top: 1.6em; margin-bottom: 0.9em; overflow: hidden;\n border-radius: 8px; will-change: transform;\">\n  <iframe loading=\"lazy\" style=\"position: absolute; width: 100%; height: 100%; top: 0; left: 0; border: none; padding: 0;margin: 0;\"\n    src=\"https:&#x2F;&#x2F;www.canva.com&#x2F;design&#x2F;DAF0y9gXB3g&#x2F;view?embed\" allowfullscreen=\"allowfullscreen\" allow=\"fullscreen\">\n  <\/iframe>\n<p>my paragraph.<\/p>\n<\/div>\n\n\n\n<p>Average revenue growth of GoodOaks offices. <\/p>\n\n\n\n<p><em>Please note that we are unable to guarantee any level of financial achievement, as individual franchise partner performance will have a significant influence on the success of the franchise. We will work with you to develop a detailed business model for your chosen franchise area.<\/em><\/p>\n\n\n<section class=\" pt-3 pt-md-5 pb-3 pb-md-5\">\n\n  \n \n    <div  class=\"text-image-block container-xxl\">\n      <div class=\"row d-flex align-items-center mx-0 gx-5\">\n\n        <div class=\"col-sm-6 order-2 order-sm-2\">\n                    <h3 class=\"fw-bold mb-2\">Funding your business<\/h3>\n          \n                                      <p>As part of the package, we help you put together a comprehensive, bespoke, business plan including a three year cashflow and profit and loss forecast. Only when you are happy with the figures, and have secured the funding based on the business plan, would we sign the full franchise agreement.<\/p>\n<p>We have good relationships with highstreet banks, who can lend up to 70% of the total investment needed, as well as knowledge of government start-up schemes that can provide support.<\/p>\n<p>&nbsp;<\/p>\n\n                        \n          \n          \n        <\/div>\n\n        <div class=\"col-sm-6 order-1 order-sm-1\">\n                  <img decoding=\"async\" src=\"https:\/\/www.goodoakshomecare.co.uk\/app\/uploads\/sites\/2\/2024\/01\/GoodOaks-Homecare-Financials-658x479-c-default.webp\" class=\"img-fluid border-20 mb-3 mb-sm-0\" alt=\"found this\">\n                <\/div>\n\n      <\/div>\n    <\/div>\n\n  \n\n<\/section>\n\n<section>\n    <div  class=\" stats-block pt-3 pt-md-5 pb-3 pb-md-5\">\n        <div class=\"stats-block-inner p-4 p-lg-5 primary-bg border-20\">\n            <h2 class=\"fw-bolder text-white mb-4\">Key Figures<\/h2>\n            <div class=\"row text-white text-center\">\n                            <div class=\"col-sm-4 py-4 py-lg-5\">\n                    <span class=\"xxl-font\">40%<\/span>\n                    <div class=\"lead fw-bold mt-2\">Gross Profit Model<\/div>\n                <\/div>\n                            <div class=\"col-sm-4 py-4 py-lg-5\">\n                    <span class=\"xxl-font\">9-12<\/span>\n                    <div class=\"lead fw-bold mt-2\">Estimated months to break even<\/div>\n                <\/div>\n                            <div class=\"col-sm-4 py-4 py-lg-5\">\n                    <span class=\"xxl-font\">15%<\/span>\n                    <div class=\"lead fw-bold mt-2\">Typical Net Profit once established<\/div>\n                <\/div>\n                            <div class=\"col-sm-4 py-4 py-lg-5\">\n                    <span class=\"xxl-font\">\u00a324.9k<\/span>\n                    <div class=\"lead fw-bold mt-2\">Joining fee<\/div>\n                <\/div>\n                            <div class=\"col-sm-4 py-4 py-lg-5\">\n                    <span class=\"xxl-font\">5.2%<\/span>\n                    <div class=\"lead fw-bold mt-2\">Management Service Fee<\/div>\n                <\/div>\n                            <div class=\"col-sm-4 py-4 py-lg-5\">\n                    <span class=\"xxl-font\">1%<\/span>\n                    <div class=\"lead fw-bold mt-2\">Central Marketing Contribution<\/div>\n                <\/div>\n                        <\/div>\n        <\/div>\n    <\/div>\n<\/section>\n\n\n<p><em>Please note the figures set forth in the illustration above represent ACTUAL performance by GoodOaks Franchise Partners. There is no guarantee that you will achieve these figures and nor is it intended that you should rely on them as a warranty or guarantee.<\/em><\/p>\n\n\n<section class=\" pt-3 pt-sm-5 pb-3 pb-sm-5\">\n  <div  class=\"text-block container-xxl\">\n    <div class=\"row d-flex flex-sm-row-reverse\">\n      <div class=\"col-md-8\">\n        \n                <h2 class=\"fw-bold mb-3\">How much does it cost to start a GoodOaks Homecare business?<\/h2>\n        \n      <\/div>\n\n              <div class=\"row sum-block py-4 py-md-5  mt-0 mt-md-4 text-start text-md-center\">\n        <div class=\"col-2 d-md-none\">&nbsp;<\/div>\n          <div class=\"col-10 col-md-3\">\n            <span>\u00a324.9k<\/span>\n            <h4 class=\"lead fw-bold mt-0 mt-md-3 mb-0\">Joining fee<\/h4>\n          <\/div>\n          <div class=\"col-2 col-md-1 large\">+<\/div>\n          <div class=\"col-10 col-md-3\">\n            <span>\u00a350k<\/span>\n            <h4 class=\"lead fw-bold mt-0 mt-md-3 mb-0\">Working capital <\/h4>\n          <\/div>\n          <div class=\"col-2 col-md-1 large\">=<\/div>\n          <div class=\"col-10 col-md-4\">\n            <span class=\"third-sum-value\">\u00a374.9k<\/span>\n            <h4 class=\"lead fw-bold mt-0 mt-md-3 mb-0\">Start-up funding<\/h4>\n          <\/div>\n        <\/div>\n        \n      <div class=\"col-md-8\">\n        \n                  <div class=\"text-block-content lead\">\n            <p>Maybe less than you think. Our joining fee, covering our market-leading start-up package is \u00a324,950, which is up to 40% more cost-effective than franchise models operating in a similar space. We can do this for two main reasons:<\/p>\n<p>\u2728 <strong>Early Adopter Pricing<\/strong> &#8211; Rewarding individuals who join us earlier in our journey, enabling you to invest more in growth<\/p>\n<p>\ud83d\ude80 <strong>Shared Success Guarantee<\/strong> &#8211;\u00a0 Aligning our interests with yours by not making a profit from our joining fees<\/p>\n<p>In addition to the joining fee, you\u2019ll need roughly \u00a350k of working capital, but this varies considerably based on how much you need to take out of the business, your specific business plan, area the you&#8217;re looking to get started in and many other factors. You can borrow up to 70% of the total amount, so you might need as little as just under \u00a320k of your own capital. We&#8217;ll be able to provide more personalised guidance later in the process.<\/p>\n\n          <\/div>\n        \n      <\/div>\n\n    <\/div>\n  <\/div>\n<\/section>\n\n<section>\n  <div  class=\"escape pt-3 pt-md-5 \">\n\n    \n          <svg width=\"1440\" height=\"101\" viewBox=\"0 0 1440 101\" class=\"w-100 d-none d-md-block\" preserveAspectRatio=\"none\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n      <path d=\"M0.000815809 50.1446C517.5 86.9426 789.5 -77.0574 1440 50.1446L1440 100.981L0 100.981L0.000815809 50.1446Z\" fill=\"#F9FCF2\"\/>\n      <\/svg>\n          \n      <svg width=\"375\" height=\"27\" viewBox=\"0 0 375 27\" class=\"position-relative w-100 d-md-none\" style=\"bottom: -1px\" preserveAspectRatio=\"none\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n      <path d=\"M0.00021245 12.8113C134.766 22.3941 205.599 -20.3142 375 12.8113L375 26.05L0 26.05L0.00021245 12.8113Z\" fill=\"#F9FCF2\"\/>\n      <\/svg>\n    \n    <div class=\"accordion-block \">\n      <div class=\"container-xxl\">\n        <div class=\"row py-4 py-sm-5\">\n          <div class=\"col-lg-4 pe-5 ps-4\">\n                      <h2 class=\"fw-bolder mb-4\">FAQs<\/h2>\n          \n          \n          <div class=\"d-flex mb-4 mb-lg-0\">\n\n          \n          \n          \n          \n          \n          <\/div>\n\n          \n          <\/div>\n          <div class=\"col-lg-8\">\n            <div class=\"accordion accordion-flush\" id=\"accordion\">\n                          <div class=\"accordion-item border-0 mb-4 p-0 p-sm-3\" >\n                <h3 class=\"accordion-header\" id=\"heading-1\">\n                  <button class=\"accordion-button fw-bold \" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-1\" aria-expanded=\"true\" aria-controls=\"collapse-1\">\n                    Can I be the Registered Manager to reduce the start-up cost?\n                  <\/button>\n                <\/h3>\n                <div id=\"collapse-1\" class=\"accordion-collapse collapse show\" aria-labelledby=\"heading-1\" data-bs-parent=\"#accordion\">\n                  <div class=\"accordion-body lead\">\n                    <p>Potentially, yes. As part of the initial <a href=\"https:\/\/www.calendly.com\/benashton\/discoverycall\" target=\"_blank\" rel=\"noopener\">discovery call<\/a> and throughout the process we can give you guidance as to whether that would work for you, taking into account your previous work experience, background, qualifications, and business plan.<\/p>\n\n                  <\/div>\n                <\/div>\n              <\/div>\n                          <div class=\"accordion-item border-0 mb-4 p-0 p-sm-3\" >\n                <h3 class=\"accordion-header\" id=\"heading-2\">\n                  <button class=\"accordion-button fw-bold collapsed\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-2\" aria-expanded=\"true\" aria-controls=\"collapse-2\">\n                    How do I know if my territory is available?\n                  <\/button>\n                <\/h3>\n                <div id=\"collapse-2\" class=\"accordion-collapse collapse \" aria-labelledby=\"heading-2\" data-bs-parent=\"#accordion\">\n                  <div class=\"accordion-body lead\">\n                    <p>Speak to us. If you have an area in mind, give us a call. We can use our start-up expertise and socio-economic postcode-level data to help you make informed decisions about which might be the best territory for you, and where in that area you might look to locate your offices, and focus your marketing and recruitment.<\/p>\n\n                  <\/div>\n                <\/div>\n              <\/div>\n                          <div class=\"accordion-item border-0 mb-4 p-0 p-sm-3\" >\n                <h3 class=\"accordion-header\" id=\"heading-3\">\n                  <button class=\"accordion-button fw-bold collapsed\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-3\" aria-expanded=\"true\" aria-controls=\"collapse-3\">\n                    How can I reduce the amount of capital needed?\n                  <\/button>\n                <\/h3>\n                <div id=\"collapse-3\" class=\"accordion-collapse collapse \" aria-labelledby=\"heading-3\" data-bs-parent=\"#accordion\">\n                  <div class=\"accordion-body lead\">\n                    <p>By developing a good business plan and going through that process in itself, you can reduce your costs and risks. Having a watertight, thorough, and sensible business plan will help you prepare your strategy for long term success, and that&#8217;s something we can help with.<\/p>\n<p>You&#8217;ll want to reduce any unnecessary expenditure; so a smaller office on a flexible lease might be a good idea, with second hand furniture and a lean office structure. How much you need to take out of the business each month to pay your own personal bills can make a massive impact on your working capital requirements, as can your staffing plans.<\/p>\n\n                  <\/div>\n                <\/div>\n              <\/div>\n                          <div class=\"accordion-item border-0 mb-4 p-0 p-sm-3\" >\n                <h3 class=\"accordion-header\" id=\"heading-4\">\n                  <button class=\"accordion-button fw-bold collapsed\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-4\" aria-expanded=\"true\" aria-controls=\"collapse-4\">\n                    What do I need Working Capital for?\n                  <\/button>\n                <\/h3>\n                <div id=\"collapse-4\" class=\"accordion-collapse collapse \" aria-labelledby=\"heading-4\" data-bs-parent=\"#accordion\">\n                  <div class=\"accordion-body lead\">\n                    <p>Compared to a lot of other businesses, homecare has relatively low overheads. You&#8217;re not investing in much stock, equipment or machinery, and can move into bigger offices as the business grows. Your Working Capital sits in your bank account and is your buffer during the period where your income hasn&#8217;t caught up with your overheads. During the first 2-3 years you\u2019ll need to pay extra attention to your cash flow to balance and accommodate your growth, as it can be a challenge to catch up with yourself in periods of high growth. This will fluctuate at times and having that extra capital available will allow for any lags and alleviate shortages of cash.<\/p>\n\n                  <\/div>\n                <\/div>\n              <\/div>\n                          <div class=\"accordion-item border-0 mb-4 p-0 p-sm-3\" >\n                <h3 class=\"accordion-header\" id=\"heading-5\">\n                  <button class=\"accordion-button fw-bold collapsed\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-5\" aria-expanded=\"true\" aria-controls=\"collapse-5\">\n                    What other start-up costs do I need to consider?\n                  <\/button>\n                <\/h3>\n                <div id=\"collapse-5\" class=\"accordion-collapse collapse \" aria-labelledby=\"heading-5\" data-bs-parent=\"#accordion\">\n                  <div class=\"accordion-body lead\">\n                    <p>Out of the working capital requirements would come other expenses such as office space, IT equipment, insurance, software, wages, advertising costs etc. We are here to advise and offer guidance on each, offering recommendations and help.<\/p>\n\n                  <\/div>\n                <\/div>\n              <\/div>\n                          <div class=\"accordion-item border-0 mb-4 p-0 p-sm-3\" >\n                <h3 class=\"accordion-header\" id=\"heading-6\">\n                  <button class=\"accordion-button fw-bold collapsed\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-6\" aria-expanded=\"true\" aria-controls=\"collapse-6\">\n                    How can you make your joining fee so competitive compared to others?\n                  <\/button>\n                <\/h3>\n                <div id=\"collapse-6\" class=\"accordion-collapse collapse \" aria-labelledby=\"heading-6\" data-bs-parent=\"#accordion\">\n                  <div class=\"accordion-body lead\">\n                    <p>This is because we don\u2019t seek to make a profit from our joining fee; we want to do well when you do well, not make it harder for you before you\u2019ve even delivered your first care visit.<\/p>\n<p>The extra \u00a310-\u00a315k that you\u2019ll save can go straight into growing your business, investing in salaries to attract the best people, or increasing your working capital, reducing the pressure that comes from starting your own business.<\/p>\n\n                  <\/div>\n                <\/div>\n              <\/div>\n                        <\/div>\n          <\/div>\n        <\/div>\n      <\/div>   \n    <\/div>\n\n    \n      <\/div>\n<\/section>","protected":false},"excerpt":{"rendered":"<p>my paragraph. Average revenue growth of GoodOaks offices. Please note that we are unable to guarantee any level of financial achievement, as individual franchise partner performance will have a significant influence on the success of the franchise. We will work with you to develop a detailed business model for your chosen franchise area. Please note [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2804,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-2803","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.goodoakshomecare.co.uk\/franchise\/wp-json\/wp\/v2\/pages\/2803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.goodoakshomecare.co.uk\/franchise\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.goodoakshomecare.co.uk\/franchise\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.goodoakshomecare.co.uk\/franchise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.goodoakshomecare.co.uk\/franchise\/wp-json\/wp\/v2\/comments?post=2803"}],"version-history":[{"count":18,"href":"https:\/\/www.goodoakshomecare.co.uk\/franchise\/wp-json\/wp\/v2\/pages\/2803\/revisions"}],"predecessor-version":[{"id":5956,"href":"https:\/\/www.goodoakshomecare.co.uk\/franchise\/wp-json\/wp\/v2\/pages\/2803\/revisions\/5956"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.goodoakshomecare.co.uk\/franchise\/wp-json\/wp\/v2\/media\/2804"}],"wp:attachment":[{"href":"https:\/\/www.goodoakshomecare.co.uk\/franchise\/wp-json\/wp\/v2\/media?parent=2803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}