Business Franchise opportunities to start in Trowbridge
Thinking about living and working in Trowbridge?
Trowbridge, located in Wales, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Cardiff area. With your interests and career goals in mind, have a look at our selection of franchising options.
Cardiff has a population of approximately 364,000 people. Residents aged 20 to 39 years old make up the prevalent age group in the population. The area has an economically active population of 193,900 people, or 78.6% of the total population. The unemployment rate (3.4%) is below par compared to the rest of the UK. In the UK, the average gross income is close to £31,000; in the Cardiff area, it is £28,660.
Why start a business in the Professional Services sector?
In the United Kingdom, there are 41 franchises recruiting in the Professional Services sector. In fact, the B2B Services sector as a whole offers a wide range of franchises to invest in, including two Consulting franchises, three Legal & Solicitor franchises, three Media franchises, 38 Management franchises and 27 B2B franchises. Explore our available brands to find a potential match.
Take a look at three franchise business examples
Driver Hire could be a great choice for you if you're interested in the Professional Services sector. Open since 1983, Driver Hire has gained substantial customer loyalty over its 37 years in business. By joining its current 100 franchisees, you would be joining a growing brand network. This business requires an initial investment of £40,000. 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 open a Driver Hire business is £32,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. If eligible, you might be entitled to financial assistance.
Have a look at Chrysalis Partners. There are 10 outlets open so far, and the network is expanding. An affordable initial investment of £34,950 will enable you to start your own Chrysalis Partners business. In most cases, your personal investment should represent 30 to 50% of the total amount. Chrysalis Partners requires you to personally invest at least £20,000. You could potentially get a loan to cover the remaining costs. These low startup costs make this a good franchising option for first-time franchisees. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Lastly, Business Partnership is another interesting brand operating in the Professional Services sector. Starting a Business Partnership business requires an affordable initial investment of £34,000. At least £20,000 should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time 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.
The Professional Services sector currently has 41 new business investment opportunities. If this sector doesn't suit your needs, don't worry. Point Franchise offers 236 franchise options across a variety of sectors to help you find your perfect business opportunity.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.