Business Franchise opportunities to start in Newcastle-under-Lyme
What to consider when starting a business in Newcastle-under-Lyme
If you want to open a business in Newcastle-under-Lyme, working for yourself but not on your own, then check out our franchising options in the West Midlands. On this page, you will find a range of brands to choose from for becoming a franchisee in the Newcastle-under-Lyme area and across the UK. We offer franchise investment opportunities in a variety of sectors. Why not explore the sector that appeals to you the most?
There are approximately 129,000 people currently living in Newcastle-under-Lyme. The majority of the population sits within the 20-39 age group. The region has 62,600 economically active people, representing 76.3% of the population, with an unemployment rate of 5%. This rate is slightly higher than the country's 4% national average. For the Newcastle-under-Lyme area, the average income is £24,646, which is slightly lower than the national average salary of £30,629.
Does the Professional Services sector appeal to you?
Across the UK, there are currently 41 opportunities to run your own franchise in the Professional Services sector. The Professional Services sector is actually part of the B2B Services sector which offers a wider selection. There are currently 38 Management franchises, six Courier & Delivery franchises, three Legal & Solicitor franchises, 41 Business franchises and six Recruitment franchises recruiting at this time. Amongst these opportunities, there is likely to be one to suit your career goals and aspirations.
Three examples of available franchise business possibilities
If you plan to invest in a Professional Services business, you could consider Bartercard UK. There are 75 locations open so far, and the network is expanding. To start your business, you will need an initial investment of £6,000. If you intend to get 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. These relatively low startup costs make it a good option to pursue for first-time franchisees. By investing in this established brand, you could qualify for financial aid.
If the Professional Services sector appeals to you, CPA Online is another option you could consider. The brand is expanding, with 10 outlets already in operation, and a desire to expand further. You will need an initial investment of £14,750 to open your own CPA Online business. Your personal investment should account for at least £7,375 of the total amount. You may want to think about getting a loan to open a business in this sector. These low startup costs make this a good franchising option for first-time franchisees. You may be eligible for financial assistance.
Finally, another possibility to consider is Driver Hire. The company was first established in 1983. The brand has built strong customer loyalty over the past 37 years. By joining its network of 100 franchisees, you could play a part in this brand's success. In order to start a Driver Hire business, an initial investment of £40,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Driver Hire requires a personal investment of at least £32,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. Also, if you can't cover the startup costs alone, you may be able to benefit from financial aid. See our website for more information.
The Professional Services sector offers many interesting investment opportunities, including our 41 franchise options. At Point Franchise, we have almost 250 new business investment opportunities available, giving you plenty to choose from in other sectors as well.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.