Business Franchise opportunities to start in Lichfield

Why should you invest in Lichfield?

Have you ever considered opening a franchise in Lichfield? This could be your opportunity to run your own business while benefiting from comprehensive training and marketing support, since many brands in the Lichfield area are currently recruiting franchisees. We offer a range of realistic new business investment possibilities, so that you can find one you like.

There are approximately 104,000 people currently living in Lichfield. The population's most prevalent age group is made up of 60+ year olds. The annual income in the UK is £30,629 on average. The people of Lichfield earn an average annual salary of £33,360, higher than the country's average.

Running a franchise in the Professional Services sector

Across the UK, there are currently 41 opportunities to open your own franchise in the Professional Services sector. This is just one of the sectors you could choose within the B2B Services sector. There are also seven Training franchises, 10 Marketing franchises, six Recruitment franchises, five Graphic Design franchises and three Legal & Solicitor franchises. Have a browse and find out if any are a good fit for you.

Three brands worth your attention

There are many interesting franchising opportunities in the Professional Services sector. Take Driver Hire for example, a business that was first established in 1983. Driver Hire has gained substantial customer loyalty over its 37 years in business. This brand is growing, counting 100 locations in the UK. This business requires an initial investment of £40,000. 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 Driver Hire business is £32,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Eligible candidates may apply for financial aid.

Another option worth considering is Chrysalis Partners. The brand is developing, with 10 outlets currently in operation, and a desire to expand further. You will need an initial investment of £34,950 to open your own Chrysalis Partners 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. 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 assistance, if eligible.

Finally, another option worth considering is Business Partnership. There are 19 franchises open so far, and the network is expanding. In order to start a Business Partnership business, an affordable initial investment of £34,000 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. Business Partnership requires a personal investment of at least £20,000. Given these low startup costs, this option could be suitable for first-time franchisees. Good to know: you won't need any premises as you can work from home. When investing in this franchise, you could be eligible for financial aid. See our website for more information.

Many businesses are already operating in the Professional Services sector. We currently have 41 franchise opportunities available in the sector. If you're still torn between different sectors, no problem! Point Franchise offers almost 250 franchising opportunities across a variety of sectors. Enjoy exploring your options.

This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.