Business Franchise opportunities to start in Lowestoft
Why should you invest in Lowestoft?
You could start your own business by becoming a franchisee in Lowestoft. There are a number of possibilities to choose from in Suffolk, located in the East of England. Have a look at our range of brands and start running your own business with a team behind you. Why not have a look through our selection of new business investment options? There are opportunities to suit various needs and career goals.
According to recent census data, 759,000 people live in Suffolk. Residents aged over 60 years old are the most represented within the population. The region has 350,800 economically active people, representing 80.2% of the population, with an unemployment rate of 2.4%. This rate is significantly lower than the country's 4% national average. In the United Kingdom, the average gross salary is £30,629; in the Suffolk area, it is £29,129.
Running a Professional Services franchise business
There are 41 brands currently looking for franchisees in the Professional Services sector. If this sector appeals to you, check them out. You will find many business opportunities in the B2B Services sector, including those in the Professional Services sector. Other possibilities include 38 Management franchises, three Legal & Solicitor franchises, six Sign franchises, five Graphic Design franchises and two Business Coaching franchises. There might be one worth considering among them.
Three franchise business examples worth looking at
CPA Online is a competitive business operating in the Professional Services sector. To open your own CPA Online franchise, you will need to invest £14,750, of which at least £7,375 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. These low startup costs make it a good option to pursue for first-time franchisees. This investment entitles you to training, assistance and support from CPA Online.
Another option to consider is Bartercard UK. There are 75 outlets open so far, and the network is expanding. To start your business, you will need an initial investment of £6,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Bartercard UK, the minimum personal investment is £2,000. These low startup costs make it a good option to pursue for first-time franchisees. You may qualify for financial assistance.
Finally, Driver Hire is another successful brand that has been operating in the Professional Services sector since 1983. Driver Hire is a recognized leader in the field, with 37 years of experience under its belt the brand is developing, with 100 locations currently in operation, and a desire to expand further. 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 typically need to cover 30 to 50% of the total investment yourself. Driver Hire requires a personal investment of at least £32,000. It is thus less appropriate for new investors. Driver Hire could be a good option for you, as the company provides comprehensive training and support. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid. See our website for details.
We offer a total of 41 businesses in the Professional Services sector. If you're interested, see if the right investment opportunity for you is among them. Point Franchise offers a total of almost 250 franchising opportunities across many different sectors. So, if you're still looking for a brand that meets your needs, there are plenty of options for you to explore.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.