Business Franchise opportunities to start in Newbury
What can Newbury offer to new businesses?
Discover the business options waiting for you in Newbury, situated in the South East of England. On this page you'll find a selection of brands that could make you a franchisee in the West Berkshire area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. To start off with, look for the line of work that interests you the most. This is a quick way to find the brand best suited to you.
There are approximately 159,000 people currently living in West Berkshire. Residents in the 40-59 age category make up the largest portion of the population. The labour force in West Berkshire amounts to 83,100 people, with an unemployment rate of 2.7%. This rate is significantly lower than the national average. The average gross income in the United Kingdom is just over £30,500. Residents of West Berkshire earn £38,416 a year on average.
The Professional Services sector: An interesting opportunity for franchisees
Across the UK, there are 41 franchises in the Professional Services sector. The Professional Services sector is part of the B2B Services sector, which also offers six Sign franchises, 41 Business franchise, five Graphic Design franchises, six Courier & Delivery franchises and three Legal & Solicitor franchises. The right business to suit your career objectives and aspirations might just be among them.
Three franchise business examples
If you're interested in the Professional Services sector, check out Chrysalis Partners. By joining its 10 franchise already in operation, you could contribute to this company's expansion. Opening a Chrysalis Partners business requires an affordable initial investment of £34,950. If you plan on getting a loan to cover the startup costs, Chrysalis Partners asks for a personal investment of at least £20,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these low startup costs, this option could be suitable for first-time franchisees. If you can't afford the startup costs on your own, you may qualify for financial aid.
Another option to consider is Bartercard UK. The brand is developing, with 75 location currently in operation, and a desire to expand further. To start your business, you will need an initial investment of £6,000. 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 typically be required. For Bartercard UK, the minimum personal investment is £2,000. These low startup costs make this a good franchising option for first-time franchisees. Financial assistance is available for eligible franchisees.
Lastly, another opportunity worth considering is Driver Hire. First launched in 1983, Driver Hire has acquired expertise and customer loyalty in its 37 years since opening. This brand is expanding, counting 100 outlet in the United Kingdom. You will need an initial investment of £40,000 to start your own Driver Hire business. Your personal investment should account for at least £32,000 of the total amount. You may want to consider getting a loan to open a business in this sector. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You may be eligible for financial aid. See our website for details.
If you are interested in the Professional Services sector and would like to learn more about its available franchising opportunities, look into the 41 businesses currently recruiting franchisees in the sector. Plus, with close to 250 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.