Business Franchise opportunities to start in Stoke-on-Trent
What to know before opening a business in Stoke-on-Trent
If you'd like to run your own business but don't know where to start, a franchise might just be the solution. Stoke-on-Trent, situated in the West Midlands, could be a good place to start as there are many brands currently recruiting franchisees in the Stoke-on-Trent area. If you already know which line of work you'd like to pursue, check out our franchise options in that sector. If not, look around and see what other options catch your eye. We have businesses to suit all kinds of interests and career goals.
Stoke-on-Trent has a population of approximately 256,000 people. When broken down by age group, the 20-39 age range is the most prevalent in the population. The region has a 4.3% unemployment rate, which is in line with the national average of 4%. Overall, the region's labour force consists of 120,500 people or 75.8% of the total population. Across the UK, the annual gross salary is close to £31,000 on average. In the area of Stoke-on-Trent, it is £25,185.
Why choose to open a franchise in the Professional Services sector?
If you want to manage your own business in the Professional Services sector, the good news is that there are 41 franchises currently recruiting new franchisees across the country. The Professional Services sector is part of the B2B Services sector, which also offers six Sign franchises, 27 B2B franchises, seven Training franchises, five Graphic Design franchises and two Business Coaching franchises. The right business to suit your career objectives and aspirations might just be among them.
Three franchises that might interest you
If you'd like to open your own Professional Services business, Chrysalis Partners could be a great option for you. By joining its network of 10 franchisees, you could play a part in this brand's success. You will need to invest £34,950 to start your own Chrysalis Partners business. At least £20,000 of this reasonable amount should come from your own personal investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. You could also benefit from financial assistance, if eligible.
Take a look at Business Partnership. By joining its current 19 franchisees, you would be joining a growing brand network. You will need an initial investment of £34,000 to open 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 can't afford the startup costs on your own, you may be eligible for financial aid.
Finally, another interesting franchise option is Bartercard UK. The brand is expanding, with 75 locations currently in operation, and a desire to expand further. Opening a Bartercard UK business requires a reasonable initial investment of £6,000. At least £2,000 should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees.
There are currently 41 franchising opportunities available in the Professional Services sector. Point Franchise has almost 250 franchising opportunities across a wide range of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.