START A THRIVING HOMECARE FRANCHISE WITH WALFINCH

Who is Walfinch?

Walfinch is a homecare services provider that champions an active lifestyle so that everyone can look forward to their next chapter, whatever support they need.

Via our network of franchisees and their carers, Walfinch offers all kinds of care. From weekly visits to live-in care, from companionship to complex care for conditions such as dementia, multiple sclerosis (MS), stroke rehabilitation, care after physical injuries, temporary respite care and more.

Not only do we provide exceptional care at home, but we also want to see everyone thrive, not just survive, that’s why our carers help our clients to get more out of life. Whether small steps or giant leaps, we aim to help everyone enjoy more activity, safely in their homes or further afield, for as long as possible. From the NHS to Age UK, many experts report that as little as ten minutes activity a day can make a world of difference.

That’s why we say, it’s time to thrive.

Why become a Walfinch Homecare franchisee?

Around 20% of the population is aged over 65 and the demand for care services exponentially surpasses supply. There will always be people who want to get more out of life but require homecare to make it possible. With Walfinch you could be the one to provide it.

Of course, you could set up a home care business on your own, but this is a highly regulated sector where the utmost attention to the quality of care is essential. Starting your business with Walfinch means you’ll have training and guidance every step of the way so you can provide the highest quality of care within your community.

Walfinch has ambitious plans to grow. We’re looking to redefine homecare and what it can offer.

We’re large enough to have lots of experience, but small enough to give you the individual support you’ll need to succeed.

Furthermore, we know what success looks like as our CEO Amrit used to be a franchisee himself, before he set up Walfinch, a privately owned British homecare brand. Amrit Dhaliwal’s story is a successful one. He’s a first-generation Indian entrepreneur who set out to create homecare “people want to choose, rather than choose reluctantly”.

Will you join him on his journey to be everyone’s first choice for homecare?

Dimpu Boppuri | Support Getting Registered with the CQC

One of the biggest challenges when you’re setting up a home care business is getting your business registered with your regulator.

If you haven’t done this before, it can be a long and laborious process. Most franchisees didn’t work in the care sector before joining Walfinch, so didn’t have any experience of the registration process.

For example, Dimpu Boppuri, who runs Walfinch Milton Keynes and Bedford, worked in IT for Santander, Barclays, Mastercard, and other large financial institutions before joining Walfinch.

Dimpu got his Bachelor of Technology from Jawaharlal Nehru Technological University in Hyderabad in the early 2000s before getting a job with Barclays in Knutsford.

Since then, he’s had 2 children, one who loves to play cricket, and he’s had his own IT company too.

With no care experience, Dimpu didn’t know where to start when it came to getting his home care business registered with CQC.

This is where Walfinch come in. When you join, you’ll be supported by an experienced Quality and Compliance Manager whose job is to get you registered with your regulator as quickly as possible so you can start trading and focusing on growing your business.

What type of franchisee is Walfinch looking to recruit?

Walfinch is looking for franchisees with the same ambition and drive as Amrit, but who also value the importance of wellbeing, for themselves, their carers and their clients.

As this is a service company, we value people who also recognise that the little things make a big difference.

In addition we’re looking for people who:

Are enthusiastic to grow professionally and personally.
Want to deliver the highest quality levels of care.
Are keen to build a successful care business that makes a difference to their community
Believe in the importance of thriving, not just surviving

Walfinch welcomes prospective franchisees with and without previous care sector experience as the company provides extensive initial and ongoing healthcare training and support.

As a Walfinch franchisee, you can:

Work in a rewarding sector, helping others
Support your local community by offering employment opportunities
Achieve business independence
Potentially generate £1 million in turnover by Year 5
Join a welcoming, supportive team
Enjoy your job and have fun

Walfinch Image — Poojita Patel at our annual Walfinch conference

Training and support

Care is, rightly, a highly regulated business and Walfinch always abides by – and strives to exceed – all the national regulations and standards, while making it as straightforward as possible for franchisees to achieve the highest standards.

Amrit knows first-hand that the development and support of incoming and existing franchisees is crucial to a successful care business.

A comprehensive package of training and support, along with business advice, is provided to all Walfinch franchisees.

Initial franchisee training includes:

A 10-day initial formal training programme
Help with Care Quality Commission (CQC) registration
A 90-day business launch plan
Marketing and business development training
Software training
Assistance with office set-up
Weekly support meetings
A full administrative system
An operations manual
250 business cards and 500 A5 leaflets.

Ongoing training and support includes:

45 hours of ongoing training and support annually
Recruitment workshops to help you recruit and retain the very best caregivers
Business development workshops (monthly) to help you grow your business
Compliance coaching to ensure you meet - and exceed - the highest regulatory standards
Business coaching
Periodic CQC-style inspections led by the franchisor to prepare you for the all-important official CQC inspections or care inspectorate in Scotland, Wales and Northern Ireland.

Financial information

Start-up costs can vary, but the minimum investment required is £44,000. The company also charges a management support fee (MSF) of five per cent (plus VAT).

The right franchisees have the potential to achieve turnover of £1000,000 by Year 4.

The company states that expected revenue for years one to five is:

Year 1 - £319,000
Year 2 - £585,077
Year 3 - £852,800
Year 4 - £1,050,944
Year 5 - £1,277,936

Additional Information

What locations is Walfinch looking to operate in?

The company has franchises available across the UK.

What are the franchise terms of agreement and renewal?

The franchise agreement lasts for 10 years and comprises two five-year periods.

Why is Walfinch a good investment?

This care provider delivers an essential service to a client base that is consistently growing and offers a recession-resistant business model that has the potential for significant financial returns.

It’s committed franchisees are supported by a dedicated leadership team. For their investment, franchisees get:

An exclusive territory
Comprehensive training
Access to a franchise network of like-minded fellow franchisees
Dedicated business coaching and ongoing support
Assistance with recruiting carers
Association with a prestigious brand
A tried and tested business model that has a proven success rate, significant potential financial returns and strong cash flow
Technological procedures and customer management systems that provide efficiency and retain quality.

How does the Walfinch franchise business model work?

The Walfinch franchise model’s success is driven by its values and professional standards of care, combined with the careful deployment of technology to future-proof your business in the digital age.

Franchisees benefit from technology provided to streamline most administrative tasks, so they can spend more time on building rewarding relationships with care clients and customers, which drives more business.

Franchisees’ care teams use technology that ensures care, medication and client health are carefully monitored and which allows clients’ families, caregivers and the franchisee to interact with each other.

This makes it easier to ensure care standards are always upheld and communication maintained, which leads to happier clients and more personal recommendations. Walfinch is a white-collar management franchise and there is a choice of both single-care franchises and multi-unit opportunities.

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Walfinch Financial Data

The following financial information was provided by Walfinch to give you more information about the costs associated with a Walfinch opportunity

Minimum Investment

£44,000+ VAT

Franchise Fee

£33,000 + VAT

Management Support Fee (MSF)

5% plus VAT

Total Investment

£110,000

Funding Support

Yes

Turnover projections years 1-5

Year 1	Year 2	Year 3	Year 4	Year 5
£319,000	£585,077	£852,800	£1,050,944	£1,227,936

Advertising Fee

MSF

5% + VAT

Walfinch News

How a Walfinch Franchise Transformed my Life

August 01, 2023

“When I was working in a convenience store, aged 18, I never imagined that within 20 years I'd be a business owner delivering valuable services to my community and employing 35 people.”

Tiff admits: “I had done reasonably well in my GCSEs but I was by no means an A* student, and I left school keen to get into work.

“I learnt a lot about customer service in my retail job, but I’d also been supporting a family member who had had a stroke. I found that rewarding, so I decided to apply for a health care assistant job in the NHS.”

Tiff found the NHS job rewarding but wanted more of a challenge. “You turned up, did your 12 hour shift and went home. There was little variation and there was not much chance of making financial progress,” she says.

Into the care sector

With customer service and healthcare experience, Tiff got a job with a live-in care provider, and over six years worked her way up to become a local area advisor.

“I would meet potential clients, assess each one's needs, write their care plan, and then match them with one of our carers,” she says.

Growing ambition

“As I worked my way up the ladder, my hunger for progress grew. I was working remotely, based at home, and making my own decisions. There was a lot of responsibility but I liked the independence it gave me,” she says.

However, there was no way for her to move up to the next level without relocating. Starting her own business started to sound like the next step – and as Tiff's dad had founded his own laundry business, she knew it need not be out of reach.

Life-changing meeting

Then she met Amrit Dhaliwal, the founder and chief executive of home care franchise Walfinch. Tiff had a streaming cold at the time, but her confidence led her to ask him how the franchise could help her achieve her ambition to start a home care business of her own. Amrit recognised her enthusiasm and ambition, and urged her to consider becoming a Walfinch franchisee.

“It took my partner Ian and I 18 months to decide to invest in the franchise,” says Tiff. “We had to think carefully because we had a mortgage to pay and our first child, Harry, was less than one year old. It also took some time to get the finance organised. Starting a business is always a bit of risk, but I could see Amrit was a young and ambitious businessman willing to invest in me and our local community, so I was inspired by that.”

Transformation and education

Tiff started Walfinch Mansfield during the pandemic in 2021, when she was 33. It now employs a team of 35 carers, and she is taking on more to meet the growing demand.

She credits the franchise, and her dad, for her business education. “I absorbed a lot of skills from seeing my dad running his laundry business, but my formal business education came as part of the Walfinch franchise package, which taught me the skills I needed to run a successful business myself,” says Tiff.

“I knew the care sector well, but the Walfinch franchise gave me the support, training and coaching that was vital in turning my experience into a successful business.”

Tiff started out by working up to 50 hours a week, building and running her home care team and providing the care herself when necessary, as well as running the business with help from co-director Ian.

This determination paid off when The Care Quality Commission (CQC) rated Walfinch Mansfield 'good' in its first inspection, after just one year. Tiff says: “We are now working towards achieving the CQC's outstanding status, while looking to expand our service offering to include live-in care.”

Combining business with a family

Practical help from the Walfinch franchisee support office and her home care team also allowed Tiff to take time off from the business after the birth of her second son. “That would have been far more difficult if I had been running a stand-alone business rather than being part of a franchise network,” she says.

“As an 18 year-old in a convenience store I never imagined I would be where I am now, combining a happy family with a growing home care business. I'm living proof that if you have ambition, a willingness to work hard, and the courage to start your own business, a franchise can literally change your life.”