Business Franchise opportunities to start in Solihull
Is Solihull a good place to be a franchisee?
Solihull, located in the West Midlands, has many opportunities for people looking to open their own business. There are several brands currently recruiting franchisees in the Solihull area. This could mean working for yourself while receiving the comprehensive support of an established brand. To begin, look for the line of work that interests you the most. This is a quick way to find the franchise best suited to you.
Recent figures show that 215,000 people live in Solihull. Residents in the 40-59 age category make up the largest portion of the population. Approximately 101,800 people are economically active in the community, representing 79.7% of the population. The unemployment rate 3.9% is comparable to the UK average 4%. The area's average gross annual income of £36,450 is significantly higher than the average income of close to £31,000 across the UK.
The Professional Services sector and its business options
There are 41 UK-based franchises available in the Professional Services sector. Bear in mind that the B2B Services sector offers many investment opportunities in addition to those in the Professional Services sector. Have a browse through our 41 Business franchise, five Graphic Design franchises, two Business Coaching franchises, three Legal & Solicitor franchises and six Sign franchises to find out if any suit your career goals and aspirations.
Here are three examples of franchise businesses
If you like the idea of starting a business in the Professional Services sector, Bartercard UK could be an option for you. By joining its network of 75 franchisees, you could contribute to this brand's success. A reasonable initial investment of £6,000 will enable you to start your own Bartercard UK business. In most cases, your personal investment should represent 30 to 50% of the total amount. Bartercard UK requires you to personally invest at least £2,000. You could potentially get a loan to cover the remaining costs. 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. Eligible candidates may apply for financial assistance.
You could also have a look at Driver Hire, which has been in business since 1983. The brand's extensive experience, good reputation and wide exposure are valuable assets. By joining its 100 franchises already in operation, you could contribute to this brand's expansion. 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 typically need to cover 30 to 50% of the total investment. Driver Hire asks for a minimum personal investment of £32,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. By investing in this established brand, you can gain access to expert training and support and could even be eligible for financial aid. See our website for more information.
Finally, take a look at CPA Online, another interesting Professional Services franchise. The brand is developing, with 10 outlets already in operation, and a desire to expand further. This business requires a reasonable initial investment of £14,750. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a CPA Online business is £7,375. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Investing in CPA Online entitles you to all the guidance, training and support you need to run your business successfully.
If you are interested in the Professional Services sector and would like to discover more franchising opportunities, check out the 41 brands available in this sector. If you're still torn between different sectors, no problem! Point Franchise offers 238 franchising opportunities across a variety of sectors. Enjoy exploring your options.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.
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