Business Franchise opportunities to start in Hinckley
Starting a new business in Hinckley
Hinckley, located in the East Midlands, has many opportunities for people looking to start their own business. There are several brands currently recruiting franchisees in the Hinckley and Bosworth area. This could mean working for yourself while benefiting from the comprehensive support of an established brand. Browse our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to opening your own business.
The population of Hinckley and Bosworth is 112,000. When broken down by age group, 40-59 year olds represent the largest portion of the population. The area has a 3.7% unemployment rate, which is in line with the national average of 4%. Overall, the region's labour force consists of 60,800 people or 91.0% of the total population. The UK's annual average salary is close to £31,000. Salaries in Hinckley and Bosworth are slightly lower in comparison, averaging £27,471 a year.
Running a Professional Services franchise business
If you want to run your own business in the Professional Services sector, the good news is that there are 41 franchises currently recruiting new franchisees across the country. You will find many business opportunities in the B2B Services sector, including those in the Professional Services sector. Other possibilities include 10 Marketing franchises, three Legal & Solicitor franchises, seven Training franchises, six Courier & Delivery franchises and 38 Management franchises. There might be one worth considering among them.
Want to know more? Read about these three brands
If you plan to invest in a Professional Services business, you could consider Chrysalis Partners. By joining its network of 10 franchisees, you could play a part in this brand's success. To start your business, you will need an initial investment of £34,950. 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 generally be required. For Chrysalis Partners, the minimum personal investment is £20,000. 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 qualify for financial aid.
Another option to consider is Bartercard UK. There are 75 locations open so far, and the network is expanding. You will need to invest £6,000 to begin operating your own Bartercard UK business, which is an affordable initial investment. Your personal investment should account for at least £2,000 of the total amount. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If you can't afford the startup costs on your own, you may be eligible for financial assistance.
The Professional Services sector has many brands worth considering. As a final example, take a look at CPA Online. The brand is expanding, with 10 outlets already in operation, and a desire to expand further. This business opportunity requires an affordable initial investment of £14,750. 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. CPA Online asks for a minimum personal investment of £7,375. These relatively low startup costs make it a good option to pursue for first-time franchisees. Financial support is available for eligible franchisees. Visit our website for more information.
There are 41 franchises waiting to be discovered in the Professional Services sector. Plus, with 236 alternative franchising options available across various sectors, Point Franchise offers plenty of choice to find the right brand for you.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.