Business Franchise opportunities to start in Loughton
Loughton is an attractive town to invest in
Loughton, located in the South East of England, offers a variety of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Milton Keynes area. To start off with, look for the line of work that appeals to you the most. This is a quick way to find the franchise best suited to you.
The population of Milton Keynes is made up of 269,000 residents. The majority of the population sits within the 0-19 age range. Unemployment in the area (4.8%) is high compared to the United Kingdom as a whole (4%). The labour force represents 82.2% of the local population, or 140,300 people. Across the UK, the annual gross salary is £30,629 on average. In the area of Milton Keynes, it averages £32,644.
Could the Professional Services sector be the right choice for you?
If you wish to operate a Professional Services franchise, you are likely to find one that interests you among 41 available across the UK. The Professional Services sector is part of the B2B Services sector which offers a wide range of interesting options. These include five Graphic Design franchises, six Courier & Delivery franchises, three Media franchises, seven Training franchises and two Consulting franchises. See if any catch your eye.
Three franchises that might interest you
If you plan to invest in the Professional Services sector, CPA Online could be a good option. This brand is growing, counting 10 locations across the UK. This business requires an affordable initial investment of £14,750. If you intend to get 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. These low startup costs make it a good option to pursue for first-time franchisees. Investing in CPA Online entitles you to all the guidance, training and support you need to run your business successfully.
Another option to consider is Bartercard UK. By joining its current 75 franchisees, you would become a part of a growing brand network. To open your own Bartercard UK franchise, you will need to invest £6,000, of which at least £2,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. You could also benefit from financial aid, if eligible.
The Professional Services sector has many brands worth considering. As a final example, check out Driver Hire. First established in 1983, Driver Hire has acquired many devoted customers over the past 37 years. There are 100 outlets open so far, and the network is expanding. A total of £40,000 is required to open a Driver Hire franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £32,000 of the total investment should come from your personal funds. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. If you can't cover the startup costs on your own, you could find out if you qualify for financial assistance. See eligibility details on our website. This brand also provides its franchisees with full training and support.
The Professional Services sector has many successful franchise businesses. We currently have 41 opportunities available in this sector. With close to 250 new business investment opportunities to choose from across various sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.