Business Franchise opportunities to start in Arnold
Arnold and its prospects for new Businesses
You could open your own business by becoming a franchisee in Arnold. East Riding of Yorkshire, located in Yorkshire and the Humber, offers a number of new business investment opportunities. On this page, you'll find a range of brands looking for franchisees. Starting a business should be exciting! Explore our selection of franchising options, starting with the sectors that you feel most passionate about.
There are 340,000 people in the East Riding of Yorkshire region. The majority of residents are aged over 60 years old. Unemployment in the area (3.6%) is below par compared to the United Kingdom as a whole (4%). The labour force represents 81.8% of the local population, or 157,900 people. The average annual income across the United Kingdom is £30,629. With a gross salary averaging £29,761, residents of East Riding of Yorkshire have a salary in line with the national average.
The Professional Services sector: An interesting opportunity for franchisees
There are 41 brands currently looking for franchisees in the Professional Services sector. If this sector appeals to you, check them out. The Professional Services sector is just one example of a sector you could invest in. Could your ideal business be among our seven Training franchises, three Legal & Solicitor franchises, six Sign franchises, six Courier & Delivery franchises and two Business Coaching franchises available in the B2B Services sector? Have a look to find out.
Three franchise business examples
If you plan to invest in the Professional Services sector, Bartercard UK could be a good option. This brand is expanding, counting 75 outlets in the United Kingdom. You will need an initial investment of £6,000 to start your own Bartercard UK business. Your personal investment should account for at least £2,000 of the total amount. You may want to think about getting a loan to open a business in this sector. These low startup costs make this a good franchising option for first-time franchisees. When investing in this franchise, you could qualify for financial assistance.
Another option to consider is Driver Hire, a brand that has been in business since 1983. Driver Hire has grown a loyal following since opening 37 years ago. By joining its 100 franchises already in operation, you could contribute to this company's expansion. Opening 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. Training and assistance provided by Driver Hire will help you steer your business in the right direction. And, if eligible, you might be entitled to financial aid. See eligibility details on our website.
As a final Professional Services franchise option, check out CPA Online. The brand is growing, with 10 locations already in operation, and a desire to expand further. Starting a CPA Online business requires a reasonable initial investment of £14,750. If you intend to get 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. 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. CPA Online could be a good option for you, as the company provides comprehensive training and support.
Many businesses are already operating in the Professional Services sector. We currently have 41 franchise opportunities available in the sector. Point Franchise offers a total of close to 250 franchising opportunities across many different sectors. So, if you're still looking for a brand that meets your needs, there are plenty of options for you to explore.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.