Business Franchise opportunities to start in Loughborough
Is Loughborough a good place to become a franchisee?
Loughborough, located in the East Midlands, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Charnwood area. Explore our sectors and brands to find your best options among many franchising opportunities, keeping in mind your personal interests and business objectives.
Recent figures show that Charnwood has a population of 183,000 people. The majority of the population sits within the 20-39 age category. Unemployment in the area (3.1%) is low compared to the United Kingdom as a whole (4%). The labour force represents 81.3% of the local population, or 96,200 people. Across the UK, the annual gross salary is £30,629 on average. In the area of Charnwood, it is £28,053.
Why Professional Services businesses appeal to franchisees
If you're thinking about becoming a franchisee in the Professional Services sector, have a look at our 41 franchise options currently available in the field. In fact, we have a wide selection of options in the B2B Services sector including the franchises in the Professional Services sector. You can pick from three Legal & Solicitor franchises, six Sign franchises, six Courier & Delivery franchises, 38 Management franchises and 27 B2B franchises today.
Eager to know more? Here are three franchise business examples
If you would like to invest in a Professional Services business, you could consider Driver Hire. First established in 1983, Driver Hire has acquired substantial customer loyalty over its 37 years in business. By joining its 100 franchises 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 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 typically be required. For Driver Hire, the minimum personal investment is £32,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. Driver Hire also provides training and assistance to help you run your business successfully.
Bartercard UK is another interesting option. This brand is expanding, counting 75 outlets across the UK. Opening a Bartercard UK franchise will require you to invest a minimum of £6,000. At least £2,000 of this should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees. Also, if you can't cover the startup costs alone, you may be able to benefit from financial aid. See our website for details.
Lastly, another possibility to consider is CPA Online. There are 10 locations open so far, and the network is expanding. Starting a CPA Online business requires an affordable initial investment of £14,750. At least £7,375 should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees. CPA Online provides comprehensive training and support to help you build a successful business of your own.
If working in the Professional Services sector appeals to you, take a look at our 41 available investment opportunities in the sector. If you're interested in exploring franchising options in other sectors, Point Franchise offers close to 250 brands to choose from.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.