Business Franchise opportunities to start in Peterborough
Investing in Peterborough could be your next move
If you're interested in running your own business in Peterborough, located in the East of England, you should look at franchising options. Several brands are currently recruiting in the Peterborough area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to see if this could be for you. Start by looking for franchise options in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
Peterborough has a population of approximately 201,000 people. The majority of the population sits within the 20-39 age range. The community has a 6.2% unemployment rate, which is slightly higher than the UK average of 4%. There are 98,700 economically active people in the region, representing 79.7% of the total population. The UK's annual average salary is close to £31,000. Salaries in Peterborough are slightly lower in comparison, averaging £26,549 a year.
What the Professional Services sector could offer you
There are 41 franchises in the Professional Services sector to choose from. The Professional Services sector is part of the B2B Services sector, which also offers 41 Business franchises, six Sign franchises, six Recruitment franchises, two Consulting franchises and six Courier & Delivery franchises. The perfect business to suit your career objectives and aspirations might just be among them.
Three franchise business examples
CPA Online operates in the Professional Services sector. By joining its 10 franchises already in operation, you could contribute to this company's expansion. An affordable initial investment of £14,750 will enable you to open your own CPA Online business. In most cases, your personal investment should represent 30 to 50% of the total amount. CPA Online requires you to personally invest at least £7,375. You could potentially apply for a loan to cover the remaining costs. These low startup costs make it a good option to pursue for first-time franchisees. An investment in this franchise entitles you to expert training and support
Another possibility to consider is Driver Hire. The company first opened in 1983. The brand's extensive experience, good reputation and wide exposure are valuable assets. There are 100 locations open so far, and the network is expanding. Starting a Driver Hire business requires an initial investment of £40,000. If you intend to get a loan to cover the startup costs, Driver Hire asks for a personal investment of at least £32,000. For most franchises, this amount represents 30 to 50% of the total 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.
Finally, check out Bartercard UK, another competitive Professional Services franchise. By joining its current 75 franchisees, you would be joining a growing brand network. This business requires an affordable initial investment of £6,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Bartercard UK business is £2,000. 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. If you can't afford the startup costs on your own, you could find out if you qualify for financial assistance. Visit our website for details.
The Professional Services sector offers 41 franchising opportunities. Whether you've already decided to invest or are still weighing your options, it's worth exploring different sectors. At Point Franchise, we have a total of 238 franchising opportunities to help you find the right fit.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.