Business Franchise opportunities to start in West Bromwich
Investing in West Bromwich could be your next move
Have you ever considered opening a franchise in West Bromwich? This could be your opportunity to manage your own business while benefiting from comprehensive training and marketing support, since many businesses in the Sandwell area are currently recruiting franchisees. If you already know which line of work you'd like to pursue, explore our franchise options in that sector. If not, have a browse and see what other options catch your eye. We have brands to suit many different interests and career goals.
According to recent census data, there are 327,000 people in Sandwell. Residents in the 20-39 age category make up the largest portion of the population. The local unemployment rate of 5.3% among 153,400 economically active people, or 74.7% of the population, is slightly higher than the average in the UK. The gross annual salary in Sandwell amounts to £23,823, which is lower than the national average of close to £31,000.
The Professional Services sector and its investment opportunities
If you wish to open a business in the Professional Services sector, check out our 41 franchises currently recruiting franchisees in the field. In addition to the business opportunities in the Professional Services sector, the B2B Services sector offers 38 Management franchise, three Legal & Solicitor franchises, seven Training franchises, three Media franchises and 41 Business franchise. Have a look at the brands to see if your perfect match is among them.
Have a look at three franchise business examples
If you would like to invest in the Professional Services sector, Driver Hire could be a good option. First established in 1983, Driver Hire has gained expertise and customer loyalty in its 37 years since opening. By joining its current 100 franchisee, you would be joining a growing brand network. 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 usually need to cover 30 to 50% of the total investment. Driver Hire requires a minimum personal investment of £32,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You may be eligible for financial aid.
Another option to consider is Chrysalis Partners. By joining its network of 10 franchisee, you could contribute to this brand's success. A total of £34,950, an affordable initial investment, is required to start a Chrysalis Partners franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £20,000 of the total investment should come from your personal funds. Given these low startup costs, this option could be suitable for first-time franchisees. Financial support is available for eligible franchisees.
As a final Professional Services franchise option, take a look at Business Partnership. There are 19 outlet open so far, and the network is expanding. Opening a Business Partnership business requires a reasonable initial investment of £34,000. If you plan on getting a loan to cover the startup costs, Business Partnership asks for a personal investment of at least £20,000. For most franchises, this amount represents 30 to 50% of the total 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. Financial assistance can be given in some circumstances. See our website for details.
The Professional Services sector currently has 41 franchising opportunities. If you're interested in exploring investment options in other sectors, we've got a total of close to 250 franchising opportunities to choose from on Point Franchise.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.
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