Business Franchise opportunities to start in Banbury
Banbury is waiting for you to begin a franchise business
If you want to start your own business, you may find that Banbury has a lot to offer. Many brands are currently recruiting franchisees in the Cherwell area. Read on to find out if running a franchise could be a good option for you! If you already know which line of work you'd like to pursue, check out our franchise opportunities in that sector. If not, have a browse and see what other options catch your eye. We have businesses to suit many different interests and career goals.
There are approximately 149,000 people currently living in Cherwell. The most prevalent age group in the population falls in the 40-59 age bracket. The UK's annual average salary is £30,629. Salaries in Cherwell are slightly higher in comparison, averaging £32,464 a year.
The Professional Services sector and its investment options
Across the United Kingdom, there are 41 franchises in the Professional Services sector. In fact, we have a wide range of options in the B2B Services sector including the franchises in the Professional Services sector. You can pick from six Recruitment franchises, two Consulting franchises, three Media franchises, six Sign franchises and 10 Marketing franchises today.
Want to know more? Read about these three brands
If you're interested in the Professional Services sector, take a look at CPA Online. 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 £14,750. If you intend to get 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 CPA Online, the minimum personal investment is £7,375. These relatively low startup costs make it a good option to pursue for first-time franchisees. The training and assistance provided by CPA Online give you the tools to manage your own business successfully.
If the Professional Services sector appeals to you, Bartercard UK is another option you could have a look at. By joining its 75 franchises already in operation, you could contribute to this company's expansion. This business requires a reasonable initial investment of £6,000. 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 open a Bartercard UK business is £2,000. Given these low startup costs, this option could be suitable for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Finally, Driver Hire, open since 1983, is another interesting option. There are 100 outlets open so far, and the network is expanding. Driver Hire has grown a dedicated following since opening 37 years ago. To start your own Driver Hire franchise, you will need to invest £40,000, of which at least £32,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Driver Hire could be a good option for you, as the company provides comprehensive training and support. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid. See our website for more information.
Eager to read more about business opportunities in the Professional Services sector? Explore our 41 available options. You will find a total of almost 250 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.