Business Franchise opportunities to start in Chadderton
Investing in a franchise in Chadderton
Are you thinking about opening a franchise? Chadderton, in North West England, could have a lot to offer. By becoming a franchisee, you could receive training and marketing support from an established brand while running your own business. Check out the brands currently recruiting in Oldham. By exploring the sectors that appeal to you the most, you will find the brands that best suit your interests and career goals.
There are 236,000 people living in the Oldham area. When broken down by age group, the 0-19 age range is the most prevalent in the population. The local labour force includes 105,000 people, or 73.2% of the total population. With an unemployment rate of 3.6%, recent data indicates that employment in this area is lower than in the rest of the UK. The annual salary in the United Kingdom is £30,629 on average. The people of Oldham earn an average annual salary of £23,879, lower than the country's average.
Running a franchise in the Professional Services sector
The Professional Services sector currently offers 41 franchise opportunities. If this sector appeals to you, take a look at our options. The Professional Services sector is a part of the B2B Services sector. Other brands recruiting in this industry include six Sign franchises, 38 Management franchises, two Business Coaching franchises, three Media franchises and five Graphic Design franchises. Among these franchising opportunities, there will likely be one that fits your career goals and aspirations.
Here are three examples of franchise businesses
CPA Online is a competitive business operating in the Professional Services sector. This business requires a reasonable 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. These relatively 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.
Another option worth considering is Driver Hire, a company that has been in business since 1983. Driver Hire has gained many devoted customers over the past 37 years. There are 100 franchisees so far, and the network is expanding. 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 apply for 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.
Finally, another option worth considering is Bartercard UK. This brand is developing, counting 75 locations in the UK. To start your business, you will need an initial investment of £6,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Bartercard UK, the minimum personal investment is £2,000. Given these low startup costs, this option could be suitable for first-time franchisees. Financial aid can be given in some circumstances. See our website for details.
There are currently 41 available investment opportunities in the Professional Services sector. Have a look at these businesses to find out if there's a good fit for you. Whether you've already made the decision to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we have a total of close to 250 franchising opportunities to help you find the perfect fit.
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