Business Franchise opportunities to start in Dudley
Investing in Dudley could be your next move
Located in the West Midlands, Dudley is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, take a look at our franchising options in Dudley and take the first step towards managing your own business. Browsing our range of companies and sectors will allow you to pinpoint the type of business that is right for you.
The Dudley area has a population of 321,000 people. The majority of the population sits within the 40-59 age range. The community has a 4.7% unemployment rate, which is slightly higher than the national average of 4%. There are 145,500 economically active people in the area, representing 76.2% of the total population. With an average gross annual income of £28,043, salaries in Dudley are slightly lower than the average income of close to £31,000 across the UK.
Why Professional Services businesses appeal to franchisees
Are you interested in the Professional Services sector? If so, there are 41 available franchises to choose from across the United Kingdom. This is just one of the sectors you could choose within the B2B Services sector. There are also three Legal & Solicitor franchises, five Graphic Design franchises, six Courier & Delivery franchises, six Recruitment franchises and 27 B2B franchises. Have a look and find out if any are a good fit for you.
Three examples of available franchise business possibilities
Initially established in 1983, Driver Hire is a competitive business operating in the Professional Services sector. Driver Hire now offers its expertise to a loyal customer base, built up over 37 years. This brand is expanding, counting 100 outlets in the United Kingdom. You will need to invest £40,000 to start running your own Driver Hire business. Your personal investment should account for at least £32,000 of the total amount. Given these higher startup costs, this is an opportunity best suited for more established franchisees with greater access to financial resources. When investing in this franchise, you can benefit from the assistance and support of an established brand and you could even be eligible for financial assistance.
CPA Online is another successful brand operating in the Professional Services sector. By joining its current 10 franchisees, you would be joining a growing brand network. This business requires an affordable initial investment of £14,750. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a CPA Online business is £7,375. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. You will have all the guidance you need to operate your business thanks to the training and support provided by CPA Online.
Lastly, Bartercard UK is another competitive brand operating in the Professional Services sector. You will need to invest £6,000 to start your own Bartercard UK business. At least £2,000 of this amount should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees.
Many businesses are already operating in the Professional Services sector. We currently have 41 franchise opportunities available in the sector. Point Franchise offers a total of 238 franchising options across many different sectors. So, if you're still looking for a brand that meets your needs, there are plenty of options for you to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.