Business Franchise opportunities to start in Tynemouth
Why should you invest in Tynemouth?
You could start your own business by becoming a franchisee in Tynemouth. There are a number of opportunities to choose from in North Tyneside, located in North East England. Have a look at our range of brands and start running your own business with a team behind you. Check out our various franchising options to find the sectors and brands that most appeal to you.
There are 206,000 people living in the North Tyneside area. The age group with the highest concentration is 40-59. The local unemployment rate of 3% among 102,600 economically active people, or 80.4% of the population, is lower than the average in the UK. The average annual salary across the UK is just over £30,500. With a gross income averaging £27,665, residents of North Tyneside have a slightly lower salary than the national average.
Could the Professional Services sector be the right choice for you?
Across the UK, there are currently 41 opportunities to open your own franchise 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 10 Marketing franchises, three Media franchises, seven Training franchises, 27 B2B franchises and three Legal & Solicitor franchises available in the B2B Services sector? Have a browse to find out.
Check out three available franchise opportunities
Driver Hire is an interesting franchise that has been operating in the Professional Services sector since 1983. Driver Hire, now a leader in the field, has gained 37 years of experience since first opening. The brand is growing, with 100 outlets currently in operation, and a desire to expand further. To start your own Driver Hire franchise, you will need to invest £40,000, of which at least £32,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. If you feel uncertain about starting your own business, you may feel more secure in taking on a franchise. Driver Hire can support you with comprehensive training and assistance to help your business reach its full potential. What's more, financial assistance is available for eligible franchisees.
Another interesting franchising opportunity is Bartercard UK. There are 75 locations open so far, and the network is expanding. A reasonable initial investment of £6,000 will enable you to start your own Bartercard UK business. In most cases, your personal investment should represent 30 to 50% of the total amount. Bartercard UK requires you to personally invest at least £2,000. You could potentially apply for a loan to cover the remaining costs. These low startup costs make this a good franchising option for first-time franchisees. If you can't afford the startup costs on your own, you may qualify for financial aid. Visit our website for more information.
As a final example, take a look at CPA Online. By joining its current 10 franchisees, you would be joining a growing brand network. Opening a CPA Online franchise will require you to invest a minimum of £14,750. At least £7,375 of this should come from your own personal investment. These low startup costs make it a good option to pursue for first-time franchisees. Training and assistance provided by CPA Online will help you take your business in the right direction.
If you would like to take a look at more franchising options in the Professional Services sector, we currently have 41 available opportunities. With close to 250 new business investment opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.