Business Franchise opportunities to start in Walsall
Walsall and its prospects for new Businesses
Would you like to run your own business? Walsall, located in the West Midlands, could be a good place to start. There are many brands currently recruiting franchisees in the Walsall area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. Exploring our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
The Walsall area has a population of 283,000 residents. The most represented age group is 0-19 years of age. The local unemployment rate of 6.7% is high compared to the national average of 4%. The local labour force consists of 130,000 people, making up 75.7% of the population. Residents in the area earn £24,014 per year on average. This income is lower than the country's average gross salary, which reaches close to £31,000.
Business options in the Professional Services sector
Across the UK, there are 41 franchises in the Professional Services sector. The Professional Services sector is just one example of a sector you could invest in. Could your ideal business be among our two Business Coaching franchises, five Graphic Design franchises, six Courier & Delivery franchises, six Recruitment franchises and two Consulting franchises available in the B2B Services sector? Have a look to find out.
Here are three examples of franchise businesses
There are many interesting franchising opportunities in the Professional Services sector. Take CPA Online for example. This brand is growing, counting 10 locations across the United Kingdom. Opening a CPA Online business requires an affordable initial investment of £14,750. At least £7,375 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.
Driver Hire could be another good option for you to invest in. First established in 1983, the brand's extensive experience, good reputation and wide exposure are valuable assets. The brand is developing, with 100 outlets already in operation, and a desire to expand further. You will need to invest £40,000 to begin operating your own Driver Hire business. Your personal investment should account for at least £32,000 of the total amount. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. If you can't afford the startup costs on your own, you may qualify for financial assistance.
Lastly, Business Partnership is another interesting franchise option if you plan to invest in the Professional Services sector. By joining its network of 19 franchisees, you could contribute to this brand's success. To start your business, you will need an initial investment of £34,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Business Partnership, the minimum personal investment is £20,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Good to know: you won't need any premises as you can work from home. Also, if you can't afford the startup costs on your own, you may qualify for financial support. See eligibility details on our website.
If you are thinking about running a franchise business in the Professional Services sector, you might be interested to browse our 41 available brands. At Point Franchise, we are proud to offer 236 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.