Business Franchise opportunities to start in Farnborough
What to consider when opening a franchise in Farnborough
You could start your own business by becoming a franchisee in Farnborough. There are a number of franchise options to choose from in West Berkshire, located in the South East of England. Check out our range of brands and start managing your own business with a team behind you. Exploring our selection of brands and sectors will allow you to pinpoint the type of business that is right for you.
The West Berkshire area has a population of 159,000 residents. The majority of the population falls within the 40-59 age category. Unemployment in the area (2.7%) is very low compared to the UK as a whole (4%). The labour force represents 85.8% of the local population, or 83,100 people. West Berkshire has an average annual salary of £38,416. This salary is significantly higher than the rest of the UK, which has an average income of £30,629.
Why start a business in the Professional Services sector?
Across the United Kingdom, there are 41 franchises operating in the Professional Services sector. You will find many business opportunities in the B2B Services sector, including those in the Professional Services sector. Other possibilities include five Graphic Design franchises, six Recruitment franchises, six Sign franchises, two Consulting franchises and 41 Business franchises. The perfect business to suit your career goals and aspirations might just be among them.
Eager to find out more? Here are three franchise business examples
If you are interested in opening a franchise in the Professional Services sector, Bartercard UK could be an option for you. There are 75 outlets open so far, and the network is expanding. Opening a Bartercard UK business requires an affordable initial investment of £6,000. If you intend to get a loan to cover the startup costs, Bartercard UK asks for a personal investment of at least £2,000. For most franchises, this amount represents 30 to 50% of the total investment. 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. You may be eligible for financial aid.
Driver Hire could be another good option for you to invest in. In business since 1983, Driver Hire now has 37 years of experience in the sector, making it a strong leader. By joining its 100 franchises already in operation, you could contribute to this company's expansion. You will need to invest £40,000 to start running your own Driver Hire business. Your personal investment should account for at least £32,000 of the total amount. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Driver Hire also provides training and assistance to help you run your business efficiently.
Lastly, CPA Online is another interesting option. This brand is growing, counting 10 locations across the United Kingdom. Starting a CPA Online franchise will require you to invest a minimum of £14,750. At least £7,375 of this should come from your own personal investment. These low startup costs make it a good option to pursue for first-time franchisees. By investing in this established brand, you can benefit from access to expert training and support
The Professional Services sector has many successful franchise businesses. We currently have 41 options available in this sector. If you're curious about franchising opportunities in other sectors, Point Franchise offers close to 250 brands to pick from.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.