Business Franchise opportunities to start in Cheltenham
Why should you invest in Cheltenham?
Would you like to start a business in Cheltenham, located in South West England? Would you like to work for yourself but not on your own? If so, have a look at our franchising options. On this page, you'll find several brands offering the training and support you need to run your own business in the Cheltenham area. If you already know which line of work you'd like to pursue, explore our franchise opportunities in that sector. If not, have a browse and see what other options catch your eye. We have businesses to suit many different interests and career goals.
There are approximately 117,000 people currently living in Cheltenham. The age group with the highest concentration is 20-39. The local labour force includes 64,100 people, or 87.6% of the total population. With an unemployment rate of 3.8%, recent data indicates that employment in this area is in line with the rest of the United Kingdom. The average gross income in the United Kingdom is just over £30,500. Residents of Cheltenham earn £36,162 a year on average.
Running a franchise in the Professional Services sector
There are 41 brands currently recruiting franchisees in the Professional Services sector. If this sector appeals to you, check them out. Multiple brands offer franchise options in other sectors within the B2B Services sector. For instance, there are six Courier & Delivery franchises, 38 Management franchises, three Legal & Solicitor franchises, two Business Coaching franchises and seven Training franchises. You'll find options to suit all kinds of career objectives and aspirations.
Three franchise business examples
CPA Online is an interesting franchise operating in the Professional Services sector. By joining its 10 franchises already in operation, you could contribute to this company's expansion. Opening a CPA Online business requires a reasonable initial investment of £14,750. At least £7,375 should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. By investing in this franchise, you may qualify for financial support.
Business Partnership could be another good option for you to invest in. By joining its current 19 franchisees, you would become a part of a growing brand network. To open your own Business Partnership franchise, you will need to invest £34,000, of which at least £20,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Given these low startup costs, this option could be suitable for first-time franchisees. Financial assistance can be provided in some circumstances.
Finally, you could also consider Chrysalis Partners. This brand is expanding, counting 10 locations across the United Kingdom. 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 think about 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. If you can't afford the startup costs on your own, you may be eligible for financial aid. See eligibility details on our website.
If you are interested in the Professional Services sector and would like to discover more franchising options, take a look at the 41 brands available in this sector. Point Franchise offers a total of 236 franchising options across a variety of sectors. So, if you're still looking for a brand that meets your needs, there are plenty of options for you to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.