Business Franchise opportunities to start in Worcester
What to know before opening a business in Worcester
Many brands are currently looking for franchisees in Worcester, located in the West Midlands. By becoming a franchisee, you could manage your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the Worcester area. Check out our different franchising options to find the sectors and brands that most appeal to you.
The Worcester region has 102,000 residents. Residents aged 20 to 39 years old have the highest concentration within the population. In terms of employment, the area has a labour force of 54,500 people (81.7%), of which the unemployment rate is 1.8%. This figure is significantly lower than the average unemployment rate across the United Kingdom. Residents in the area earn £27,563 per year on average. This income is slightly lower than the country's average gross salary, which reaches close to £31,000.
Have you considered the Professional Services sector?
Across the UK, you will find 41 franchises operating in the Professional Services sector. The Professional Services sector is actually part of the B2B Services sector which offers a wider selection. There are currently six Sign franchises, seven Training franchises, two Consulting franchises, 27 B2B franchises and three Media franchises recruiting at this time. Amongst these opportunities, there is likely to be one to suit your career goals and aspirations.
Three brands worth your attention
The Professional Services sector has many franchise opportunities available, such as Bartercard UK. The brand is expanding, with 75 locations currently in operation, and a desire to expand further. You will need to invest £6,000 to start your own Bartercard UK business. At least £2,000 of this reasonable amount 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. If you decide to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Have a look at CPA Online, another interesting Professional Services franchise. By joining its current 10 franchisees, you would become a part of a growing brand network. You will need to invest £14,750 to begin operating 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. CPA Online could be a good option for you, as the company provides comprehensive training and support.
Lastly, Driver Hire is an interesting franchise option in the Professional Services sector. First launched in 1983, Driver Hire, now a leader in the sector, has gained 37 years of experience since first opening. This brand is growing, counting 100 outlets across the country. To open your own Driver Hire franchise, you will need to invest £40,000, of which at least £32,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. It is thus less appropriate for new investors. Training and assistance provided by Driver Hire will help you steer your business in the right direction. And, if eligible, you might be entitled to financial aid. Visit our website for more information.
Eager to read more about business opportunities in the Professional Services sector? Explore our 41 available options. At Point Franchise, we are proud to offer close to 250 franchise options across various sectors, helping you find the perfect investment opportunities for you.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.