Business Franchise opportunities to start in Redcar
Redcar and its prospects for new Businesses
Would you like to open a business in Redcar, located in the North East of England? Would you like to work for yourself but not on your own? If so, check out our franchising opportunities. On this page, you'll find several companies offering the training and support you need to run your own business in the Redcar and Cleveland area. Exploring our selection of brands and sectors will allow you to pinpoint the type of business that is right for you.
The Redcar and Cleveland area has a population of 137,000 residents. Residents aged over 60 years old are the most represented within the population. Approximately 57,500 people are economically active in the area, representing 71.4% of the population. The unemployment rate (5.5%) is high compared to the UK average (4%). For the Redcar and Cleveland area, the average salary is £23,062, which is lower than the national average income of close to £31,000.
Why the Professional Services sector appeals to franchisees
If you're considering becoming a franchisee in the Professional Services sector, take a look at our 41 franchise options currently available in the field. The Professional Services sector is part of the B2B Services sector, which also offers two Consulting franchises, six Courier & Delivery franchises, six Recruitment franchises, 38 Management franchises and 27 B2B franchises. The perfect business to suit your career objectives and aspirations might just be among them.
Read about these three brands to see what franchise options exist
Business Partnership is a competitive business operating in the Professional Services sector. By joining its network of 19 franchisees, you could play a part in this brand's success. You will need an initial investment of £34,000 to start your own Business Partnership business. Your personal investment should account for at least £20,000 of the total amount. You may want to consider getting a loan to open a business in this sector. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Good to know: you won't need any premises as you can work from home. If you decide to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.
CPA Online is another interesting option. This brand is developing, counting 10 outlets across the UK. You will need to invest £14,750 to begin operating your own CPA Online business, which is an affordable initial investment. Your personal investment should account for at least £7,375 of the total amount. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. By investing in this established brand, you could qualify for financial assistance.
Driver Hire is a third interesting franchise option in the Professional Services sector. First established in 1983, the brand has grown a dedicated following over the past 37 years. By joining its current 100 franchisees, you would become a part of a growing brand network. Opening a Driver Hire business requires an initial investment of £40,000. If you intend to get a loan to cover the startup costs, Driver Hire asks for a personal investment of at least £32,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. If you can't afford the startup costs on your own, you may be eligible for financial aid. Visit our website for more information.
There are currently 41 available investment opportunities in the Professional Services sector. Have a look at these businesses to see if there's a good fit for you. You will find a total of close to 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.