Business Franchise opportunities to start in Beverley
What to know before starting a business in Beverley
Beverley, located in Yorkshire and the Humber, 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 East Riding of Yorkshire area. If you already know which line of work you'd like to pursue, check out our franchise opportunities in that sector. If not, have a browse and see what other options catch your eye. We have brands to suit many different interests and career objectives.
There are an estimated 340,000 people living in the East Riding of Yorkshire area. Residents aged over 60 years old make up the prevalent age group in the population. The 3.6% unemployment rate among 157,900 economically active people in the region is lower than the national average. Residents in the area earn £29,761 per year on average. This income is in line with the national average gross salary, which reaches close to £31,000.
The Professional Services sector could be the right choice for you
Across the United Kingdom, there are 41 franchises operating in the Professional Services sector. Could an opening business in the Professional Services sector, or in the B2B Services sector more widely, help you reach your career goals and aspirations? Have a look at the seven Training franchises, three Legal & Solicitor franchises, six Sign franchises, three Media franchises and six Recruitment franchises recruiting at this time.
Eager to find out more? Here are three franchise business examples
If you are interested in running a business in the Professional Services sector, read about Driver Hire, a company operating since 1983. Driver Hire, now a leader in the sector, has gained 37 years of experience since first opening. This brand is developing, counting 100 locations across the country. You will need an initial investment of £40,000 to open your own Driver Hire business. Your personal investment should account for at least £32,000 of the total amount. You may want to think about getting a loan to start a business in this sector. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You may feel more secure in opening a Driver Hire franchise knowing that franchisees can benefit from full training, assistance and support. Eligible candidates may also apply for financial aid.
Another option worth considering is Bartercard UK. There are 75 outlets open so far, and the network is expanding. This business opportunity requires a reasonable initial investment of £6,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Bartercard UK asks for a minimum personal investment of £2,000. These low startup costs make it a good option to pursue for first-time franchisees.
Finally, if the Professional Services sector appeals to you, CPA Online is another option you could consider. By joining its 10 franchises already in operation, you could contribute to this brand's expansion. Opening a CPA Online business requires an affordable initial investment of £14,750. At least £7,375 should come from your own personal investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Training and assistance provided by CPA Online will help you steer your business in the right direction.
The Professional Services sector offers many interesting investment opportunities, including our 41 franchise options. Plus, with close to 250 alternative franchising options available in different sectors, Point Franchise offers plenty of choice to find the right brand for you.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.