Business Franchise opportunities to start in Bloxwich
Bloxwich: A great location to start a business
Located in the West Midlands, Bloxwich is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, take a look at our franchising options in Walsall and take the first step towards running your own business. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
There are an estimated 283,000 people living in the Walsall area. The majority of the population sits within the 0-19 age range. The 6.7% unemployment rate among 130,000 economically active people in the community is slightly higher than the national average. Walsall has an average annual salary of £24,014, which is lower than the national average income of just over £30,500.
The Professional Services sector and its business options
There are currently 41 opportunities to invest in the Professional Services sector. If you would like to operate a business in this sector, keep reading. The Professional Services sector is part of the B2B Services sector which offers a wide selection of interesting options. These include three Legal & Solicitor franchises, two Consulting franchises, six Recruitment franchises, six Sign franchises and three Media franchises. See if any catch your eye.
Check out these three business examples
If you'd like to open your own Professional Services business, Bartercard UK could be a great option for you. There are 75 location open so far, and the network is expanding. This business requires an affordable initial investment of £6,000. 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 start a Bartercard UK business is £2,000. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. An investment in this franchise entitles you to financial aid, if eligible.
If the Professional Services sector appeals to you, Driver Hire is another option you could consider. In business since 1983, Driver Hire is a recognized leader in the field, with 37 years of experience under its belt by joining its 100 franchise already in operation, you could contribute to this company's expansion. To start your business, you will need an initial investment of £40,000. 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 generally be required. For Driver Hire, the minimum personal investment is £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 afford the startup costs alone, you may be able to benefit from financial assistance.
Finally, you could also have a look at Business Partnership. By joining its current 19 franchisee, you would become a part of a growing brand network. Opening a Business Partnership franchise will require you to invest a minimum of £34,000. At least £20,000 of this should come from your own personal investment. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. Good to know: you won't need any premises as you can work from home. If eligible, you might be entitled to financial aid. See eligibility details on our website.
There are currently 41 available franchise options in the Professional Services sector. Take a look at these brands to find out if there's a good fit for you. Whether you've already decided to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we have a total of almost 250 franchising opportunities to help you find the perfect fit.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.