Business Franchise opportunities to start in Bishop's Stortford

What to consider when opening a business in Bishop's Stortford

Are you considering opening a franchise? Bishop's Stortford, in the East of England, could have a lot to offer. By becoming a franchisee, you could benefit from training and marketing support from an established brand while running your own business. Take a look at the brands currently recruiting in East Hertfordshire. Starting a business should be exciting! Explore our range of franchising options, focusing on the sectors that you feel most passionate about.

There are 148,000 people living in the East Hertfordshire area. The majority of the population falls within the 40-59 age category. The local unemployment rate of 1.9% is very low compared to the national average of 4%. The local labour force consists of 70,700 people, making up 77.1% of the population. East Hertfordshire has an average annual salary of £48,836, which is significantly higher than the national average income of £30,629.

The Professional Services sector could be the right choice for you

There are 41 brands currently recruiting franchisees in the Professional Services sector. If this sector appeals to you, check them out. There are also two Consulting franchises, three Media franchises, six Courier & Delivery franchises, 38 Management franchises and five Graphic Design franchises recruiting franchisees in the B2B Services sector, alongside the Professional Services options. Have a look to see whether any fit your career goals and aspirations.

Three franchises that could interest you

If the Professional Services sector is your area of interest, Driver Hire is worth looking at. Initially established in 1983, Driver Hire has acquired expertise and customer loyalty in its 37 years since opening. There are 100 outlets open so far, and the network is expanding. This business opportunity requires an initial investment of £40,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Driver Hire asks for a minimum personal investment of £32,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. Training and assistance provided by Driver Hire will help you lead your business in the right direction. And, if eligible, you might be entitled to financial assistance.

Bartercard UK is an interesting investment opportunity in the Professional Services sector. By joining its 75 franchises already in operation, you could contribute to this brand's expansion. 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 relatively low startup costs make it a good option to pursue for first-time franchisees. If you can't cover the startup costs on your own, you may qualify for financial aid. Visit our website for details.

Finally, another opportunity 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. If you are unsure about starting your own business, taking on an established franchise could be the answer. CPA Online offers full training and support, ensuring that its franchisees are well-equipped to succeed.

There are currently 41 franchising opportunities available in the Professional Services sector. Plus, with 238 alternative franchising options available in different sectors, Point Franchise offers plenty of choice to find the right brand for you.

This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.