Business Franchise opportunities to start in Reading

What to know before opening a business in Reading

Reading, located in South East England, currently offers many franchising opportunities. As a franchisee, you could run your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Reading area. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.

The Reading region has 163,000 residents. The most represented age group is 20-39 years old. The economically active population in Reading amounts to 90,700 people, with an unemployment rate of 3%. This rate is lower than the national average. In the United Kingdom, the average gross income is £30,629; in the Reading area, it is £32,730.

Does the Professional Services sector appeal to you?

If you want to manage your own business in the Professional Services sector, the good news is that there are 41 franchises currently recruiting new franchisees across the country. The Professional Services sector is part of the B2B Services sector, which also offers two Business Coaching franchises, five Graphic Design franchises, two Consulting franchises, six Sign franchises and three Legal & Solicitor franchises. The right business to suit your career objectives and aspirations might just be among them.

Three brands worth your attention

The Professional Services sector has many franchise options available, such as Driver Hire, which has been operating since 1983. Driver Hire now has 37 years of experience in the field, making it a strong leader. By joining its 100 franchises already in operation, you could contribute to this brand's expansion. Starting a Driver Hire business requires an initial investment of £40,000. At least £32,000 should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Comprehensive training and support are available when you choose to invest in this franchise. You may also be eligible for financial aid.

Take a look at Bartercard UK, another attractive Professional Services franchise. By joining its current 75 franchisees, you would be joining a growing brand network. You will need to invest £6,000 to start operating your own Bartercard UK business, which is a reasonable initial investment. Your personal investment should account for at least £2,000 of the total amount. These low startup costs make this a good franchising option for first-time franchisees.

Lastly, CPA Online is an interesting franchise option in the Professional Services sector. By joining its network of 10 franchisees, you could play a part in this brand's success. Starting a CPA Online business requires an affordable initial investment of £14,750. If you plan on getting a loan to cover the startup costs, CPA Online asks for a personal investment of at least £7,375. 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 decide to invest in this franchise, you will be offered comprehensive training and support, giving your business the best possible chance to succeed.

If you are interested in the Professional Services sector and would like to know more about its available franchising opportunities, look into the 41 companies currently recruiting franchisees in the sector. If you are still not sure which sector best suits your needs, have a look through our range of almost 250 franchising opportunities across different sectors on Point Franchise.

Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.