Business Franchise opportunities to start in Colchester
Investing in Colchester could be your next move
The Colchester area offers many interesting business opportunities. If you like the idea of running your own business, you should consider franchising. This would allow you to work for yourself while receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Colchester. We offer franchise investment options in many different sectors. Why not look into the sector that appeals to you the most?
According to recent census data, there are 193,000 people living in Colchester. The majority of residents are aged 20 to 39 years old. Unemployment affects 4% of the UK population. With a rate of 3.6%, unemployment in this area is lower than the national average. The labour force amounts to 93,800 people, representing 75.6% of the population. The average annual salary across the UK is close to £31,000. With a gross income averaging £33,390, residents of Colchester have a higher salary than the national average.
The Professional Services sector and its franchising opportunities
There are 41 brands offering franchise opportunities in the Professional Services sector. The Professional Services sector is part of the B2B Services sector, which also offers three Legal & Solicitor franchises, two Consulting franchises, 10 Marketing franchises, 27 B2B franchises and 38 Management franchises. The right business to suit your career objectives and aspirations might just be among them.
Take a look at these three business examples
The Professional Services sector has many franchise opportunities available, such as Bartercard UK. The brand is growing, with 75 outlets already in operation, and a desire to expand further. Opening a Bartercard UK business requires an affordable initial investment of £6,000. If you intend to get a loan to cover the startup costs, Bartercard UK asks for a personal investment of at least £2,000. For most franchises, this amount represents 30 to 50% of the total investment. These low startup costs make it a good option to pursue for first-time franchisees. If eligible, you might be entitled to financial aid.
You could also have a look at Business Partnership. By joining its network of 19 franchisees, you could play a part in this brand's success. This business opportunity requires an affordable initial investment of £34,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Business Partnership requires a minimum personal investment of £20,000. 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. Good to know: you won't need any premises as you can work from home. If you can't afford the startup costs on your own, you could find out if you qualify for financial assistance.
Lastly, another option to consider is Chrysalis Partners. By joining its 10 franchises already in operation, you could contribute to this company's expansion. Starting a Chrysalis Partners franchise will require you to invest a minimum of £34,950. At least £20,000 of this should come from your own personal investment. 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. See our website for more information.
If you want to work in the Professional Services sector, the perfect business opportunity could be waiting for you among our 41 available franchises in the sector. At Point Franchise, we have 236 new business investment opportunities available, giving you plenty to choose from in other sectors too.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.