|How much does a franchise cost?
The typical Total initial investment for a Match Options franchise is around £70,000. You are expected to have the initial investment cash of £5,000 plus vat as the balance can be funded for qualifying applicants.There are various options to finance the balance as explained below….
How long does it take to open a Match Option?
It can take only a few weeks to open an office, but at least a month to get staff on board that are available for work placement.
How is Match Options different from other care franchises?
Match Options doesn’t just concentrate on home care, we cover this together with healthcare staff. We believe we give franchisees more options in the sector and there are more potential income opportunities as we provide both temporary and permanent staff.
What are the financial qualifications to become a franchisee?
We are seeking someone with a minimum in liquid capital of £5,000 ( plus Vat).
Does Match Options have a system in place to support franchise financing?
We help with business planning and can facilitate introductions to the major banks to look at financial support for the working capital as well as any on-going cash flow requirements.
What happens if there is no bank willing to support my cash flow requirements in the early stages?
As long as you have at least £5,000 of the initial investment liquid capital,we have an internal invoice funding facility (to cater for your working capital) and a commercial Loan facility to cover the balance. These optional facilities are not part of the franchise agreement and are covered under side letters that spells out the conditions under which you can access them. As you can see,if you are passionate and hard working and able to generate sales invoices soonest you start operations,you may not need to pump any further personal funds in your franchise! Our view is that a healthy business should finance its operations.
How do you define territories?
Match Options territories are outlined on the map. You can request individual maps to be sent to you and the information behind the areas is discussed during your initial meetings and on-going research.
They are defined in the following way:
Population which includes – over 60’s / over 75 / Poor Health / Life Long health conditions
How do I proceed if I am interested?
We ask you to have an initial telephone conversation to find out a little more about you and to answer any general questions. We then ask you to complete a Personal Information Form (PIF) together with providing a CV if you have one.
We can then look at booking a meeting at the Match Options head office where you can find out more during a 1-2-1 meeting. After the meeting, should both parties feel they want to proceed we then provide you with further detailed information on the business that allows you to further research the opportunity.
Who are my main customers?
Hospitals, Care and Nursing Homes, Hospices, Supported Living Units, Social Services and private individuals looking for support in the home.
Where does Match Options want to expand?
Across the UK
Do I need any care experience?
No. What we’re really looking for is someone with a passion for providing a quality care service in their area. You’ll be hiring staff who have care / recruitment backgrounds with our support in selection, so your business experience is far more important than any experience you might have in healthcare.
Can I hire someone to run my franchise?
Ideally No. We want owner operators in the franchise. As the business grows and develops you may need to be involved less on the day to day operation, but the franchisees role is to build local relationships and this is an ongoing requirement.
Can I operate the business from home?
No, this needs to be operated from a business premises. Usually serviced offices initially 2/3 person offices with facilities nearby to hire for running training.
Download our Prospectus