Business Franchise opportunities to start in Bromsgrove
Bromsgrove could be home to your new business
If you want to start your own business, you may find that Bromsgrove has a lot to offer. Many brands are currently looking for franchisees in the Bromsgrove area. Keep reading to find out if running a franchise could be a good option for you! To begin, look for the line of work that appeals to you the most. This is a quick way to find the franchise best suited to you.
The Bromsgrove area has a population of 99,000 residents. Residents aged over 60 years old are the most represented within the population. The community has a 4.4% unemployment rate, which is slightly higher than the UK average of 4%. There are 48,100 economically active people in the area, representing 83.9% of the total population. With an average gross annual income of £33,414, salaries in Bromsgrove are higher than the average salary of close to £31,000 across the United Kingdom.
Investment options in the Professional Services sector
There are 41 franchises in the Professional Services sector to choose from. The Professional Services sector is just one sector among many in the B2B Services sector. Its three Legal & Solicitor franchises, seven Training franchises, 10 Marketing franchises, 27 B2B franchises and 41 Business franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting business opportunity.
Read about these three brands to see what franchise opportunities exist
If you're interested in the Professional Services sector, have a look at Bartercard UK. This brand is developing, counting 75 outlets across the United Kingdom. Opening a Bartercard UK business requires an affordable initial investment of £6,000. If you plan on getting a loan to cover the startup costs, Bartercard UK asks for a personal investment of at least £2,000. For most franchises, this amount represents 30 to 50% of the total investment. These low startup costs make this a good franchising option for first-time franchisees. If you can't afford the startup costs on your own, you could see if you qualify for financial assistance.
Another option to consider is CPA Online. The brand is growing, with 10 locations already in operation, and a desire to expand further. A total of £14,750, a reasonable initial investment, is required to open a CPA Online franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £7,375 of the total investment should come from your personal funds. 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 are unsure about starting your own business, taking on an established franchise could be the solution. CPA Online offers full training and support, ensuring that its franchisees are well-equipped to succeed.
Lastly, another option worth considering is Driver Hire, a company that opened in 1983. The brand has built strong customer loyalty over the past 37 years. There are 100 locations open so far, and the network is expanding. This business opportunity requires an initial investment of £40,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Driver Hire requires a minimum personal investment of £32,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. Investing in Driver Hire entitles you to all the guidance, training and support you need to run your business successfully. And if you can't afford the startup costs on your own, you may qualify for financial aid. See eligibility details on our website.
We offer a total of 41 businesses in the Professional Services sector. If you're interested, see if the right franchising opportunity for you is among them. If you're interested in exploring franchising opportunities in other sectors, Point Franchise has 238 brands to pick from.
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