Business Franchise opportunities to start in Cheshunt

Opening a franchise business in Cheshunt

If you want to start your own business, you may find that Cheshunt has a lot to offer. Several brands are currently looking for franchisees in the Broxbourne area. Read on to see if running a franchise could be a good option for you! We offer a number of franchises to suit various budgets and career objectives. Have a look at our range of businesses and sectors to see what might suit you.

There are an estimated 97,000 people in the Broxbourne area. The population's most prevalent age group is made up of 40-59 year olds. Broxbourne has an unemployment rate of 5.2% within its labour force of 50,400 people. This rate is high compared to the UK average. Broxbourne has an average annual income of £34,070. This salary is higher than the rest of the United Kingdom, which has an average salary of just over £30,500.

Why choose to operate in the Professional Services sector?

There are 41 brands currently recruiting franchisees in the Professional Services sector. If this sector appeals to you, check them out. The B2B Services sector offers a variety of options in addition to those in the Professional Services sector. These include six Recruitment franchises, seven Training franchises, two Consulting franchises, six Sign franchises and two Business Coaching franchises. Have a look at the brands available to find out which could be your perfect match.

Check out three available franchise options

If you plan to invest in a Professional Services business, you could consider Bartercard UK. By joining its network of 75 franchisees, you could contribute to this brand's success. You will need an initial investment of £6,000 to open your own Bartercard UK business. Your personal investment should account for at least £2,000 of the total amount. You may want to consider getting a loan to start a business in this sector. Given these low startup costs, this option could be suitable for first-time franchisees. If eligible, you might be entitled to financial assistance.

Driver Hire, open since 1983, is another interesting option. There are 100 outlets open so far, and the network is expanding. Driver Hire has gained substantial customer loyalty over its 37 years in business. In order to start a Driver Hire business, an initial investment of £40,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Driver Hire requires a personal investment of at least £32,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You will have all the guidance you need to run your business thanks to the training and support provided by Driver Hire. And if you can't afford the startup costs on your own, you may qualify for financial aid. See our website for more information.

As a final example, check out CPA Online. The brand is developing, with 10 locations currently in operation, and a desire to expand further. A reasonable initial investment of £14,750 will enable you to start 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 this a good franchising option for first-time franchisees. Investing in CPA Online entitles you to all the guidance, training and support you need to run your business effectively.

Many businesses are already operating in the Professional Services sector. We currently have 41 franchise opportunities available in the sector. At Point Franchise, we are proud to offer almost 250 franchise options across different sectors, helping you find the perfect business opportunities for you.

This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.