Business Franchise opportunities to start in Blyth
Is Blyth a good place to become a franchisee?
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Check out our range of brands in Blyth, located in the Northumberland area in North East England, where many businesses are currently recruiting. Starting a business should be exciting! Have a look at our selection of franchising opportunities, starting with the sectors that you feel most passionate about.
The Northumberland area has a population of 320,000 residents. The most prevalent age group in the population falls in the 60+ age bracket. The local labour force includes 141,300 people, or 77.0% of the total population. With an unemployment rate of 6.1%, recent data indicates that employment in this area is slightly higher than in the rest of the UK. With an average gross annual income of £26,168, salaries in Northumberland are slightly lower than the average salary of close to £31,000 across the United Kingdom.
Have you considered the Professional Services sector?
Across the United Kingdom, you will find 41 franchises operating in the Professional Services sector. The Professional Services sector is just one example of a sector you could invest in. Could your ideal business be among our 27 B2B franchises, six Courier & Delivery franchises, six Sign franchises, three Legal & Solicitor franchises and six Recruitment franchises available in the B2B Services sector? Have a look to find out.
Three franchise businesses worth reading about
Business Partnership could be a great option for you if you're interested in the Professional Services sector. There are 19 outlets open so far, and the network is expanding. This business requires a reasonable initial investment of £34,000. 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 start a Business Partnership business is £20,000. These relatively low startup costs make it a good option to pursue for first-time franchisees. Good to know: you won't need any premises as you can work from home. Eligible candidates may apply for financial aid.
Take a look at CPA Online, another competitive Professional Services franchise. By joining its 10 franchises already in operation, you could contribute to this brand's expansion. To start your own CPA Online franchise, you will need to invest £14,750, of which at least £7,375 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. 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. If eligible, you might be entitled to financial assistance.
Lastly, Driver Hire could be another good option for you to invest in. Initially established in 1983, Driver Hire, now a leader in the sector, has gained 37 years of experience since first opening. The brand is growing, with 100 locations currently in operation, and a desire to expand further. You will need to invest £40,000 to start operating your own Driver Hire business. Your personal investment should account for at least £32,000 of the total amount. It is thus less appropriate for new investors. By investing in this established brand, you could be eligible for financial aid. See eligibility details on our website.
The Professional Services sector has many successful franchise businesses. We currently have 41 options available in this sector. At Point Franchise, we are proud to offer almost 250 franchise options across many sectors, helping you find the perfect business opportunities for you.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.