Business Franchise opportunities to start in Luton
Luton could be home to your new business
Luton, located in the East of England, has many opportunities for people looking to start their own business. There are several brands currently recruiting franchisees in the Luton area. This could mean working for yourself while receiving the comprehensive support of an established brand. We offer a number of franchises to suit a variety of budgets and career goals. Take a look at our selection of brands and sectors to see what might suit you.
There are 214,000 people living in the Luton region. The majority of the population falls within the 20-39 age group. The 5% unemployment rate among 103,100 economically active people in the region is slightly higher than the national average. Luton has an average annual income of £28,196. This salary is slightly lower than the rest of the United Kingdom, which has an average salary of close to £31,000.
Franchising options in the Professional Services sector
Across the UK, there are 41 franchises in the Professional Services sector. Bear in mind that the B2B Services sector offers many investment opportunities in addition to those in the Professional Services sector. Have a browse through our 41 Business franchise, five Graphic Design franchises, six Recruitment franchises, six Sign franchises and three Legal & Solicitor franchises to see if any suit your career goals and aspirations.
Here are three examples of franchise businesses
If you'd like to run your own Professional Services business, Driver Hire might be a great option for you. In operation 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. A total of £40,000 is required to open a Driver Hire franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £32,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not recommended for first-time franchisees. If you can't cover the startup costs on your own, you could find out if you qualify for financial assistance. This brand also provides its franchisees with full training and support.
The Professional Services sector has many brands worth considering. Have a look at Bartercard UK. By joining its current 75 franchisees, you would become a part of a growing brand network. In order to open a Bartercard UK business, an affordable initial investment of £6,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Bartercard UK requires a personal investment of at least £2,000. Given these low startup costs, this option could be suitable for first-time franchisees. When investing in this franchise, you could qualify for financial aid. See eligibility details on our website.
Lastly, another option worth considering is CPA Online. The brand is growing, with 10 locations already in operation, and a desire to expand further. You will need to invest £14,750 to open your own CPA Online business. At least £7,375 of this reasonable amount 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
Starting a business in the Professional Services sector has great potential. If you're interested, explore our 41 available opportunities. If you're still torn between different sectors, no problem! Point Franchise offers 238 franchising opportunities across many different sectors. Enjoy exploring your options.
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