Business Franchise opportunities to start in Newark-on-Trent
Is Newark-on-Trent a good place to become a franchisee?
Discover the opportunities waiting for you in Newark-on-Trent, situated in the East Midlands. On this page you'll find a selection of brands recruiting franchisees in the Newark and Sherwood area. Franchising gives you the opportunity to run your own business, complete with training and marketing assistance. Why not have a browse through our range of new business investment options? There are opportunities to suit many needs and career objectives.
Newark and Sherwood has an estimated population of 122,000 residents. The population's most prevalent age group is made up of 60+ year olds. Newark and Sherwood has an unemployment rate of 6% within its labour force of 57,000 people. This rate is high compared to the national average. Residents in the area earn £28,564 per year on average. This income is slightly lower than the country's average gross income, which reaches just over £30,500.
Why choose to operate in the Professional Services sector?
Are you interested in the Professional Services sector? If so, there are 41 available franchises to choose from in the United Kingdom. The Professional Services sector is a part of the B2B Services sector. Other brands recruiting in this industry include seven Training franchises, two Consulting franchises, three Legal & Solicitor franchises, 41 Business franchises and two Business Coaching franchises. Among these franchising options, there will likely be one that fits your career goals and aspirations.
Three franchise business examples worth looking at
CPA Online is a competitive business operating in the Professional Services sector. There are 10 locations open so far, and the network is expanding. You will need to invest £14,750 to start running your own CPA Online business, which is a reasonable initial investment. Your personal investment should account for at least £7,375 of the total amount. These relatively low startup costs make it a good option to pursue for first-time franchisees. When investing in this franchise, you could be eligible for financial aid.
The Professional Services sector has many brands worth considering. Check out Bartercard UK. By joining its network of 75 franchisees, you could contribute to this brand's success. This business opportunity requires an affordable initial investment of £6,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Bartercard UK asks for a minimum personal investment of £2,000. Given these low startup costs, this option could be suitable for first-time franchisees. Financial support is available for eligible franchisees.
As a final example, take a look at Driver Hire. Initially established in 1983, Driver Hire now offers its expertise to a loyal customer base, built up over 37 years. The brand is growing, with 100 outlets already in operation, and a desire to expand further. Opening a Driver Hire franchise will require you to invest a minimum of £40,000. At least £32,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. If eligible, you might be able to benefit from financial aid. See our website for more information.
If you would like to learn more about franchise opportunities in the Professional Services sector, have a look through our 41 available options. If you're curious about franchising options in other sectors, Point Franchise has close to 250 brands to choose from.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.