Business Franchise opportunities to start in Borehamwood
Investing in Borehamwood could be your next move
If you want to start your own business, you may find that Borehamwood has a lot to offer. Many companies are currently looking for franchisees in the Hertsmere area. Keep reading to find out if running a franchise could be a good option for you! To start off with, look for the line of work that appeals to you the most. This is a quick way to find the franchise best suited to you.
Hertsmere has a population of approximately 104,000 people. The 40-59 age range is the most represented within the population. The gross annual income in Hertsmere amounts to £38,209, which is significantly higher than the national average of close to £31,000.
Why choose to operate in the Professional Services sector?
Across the UK, there are 41 franchises in the Professional Services sector. In addition to the business opportunities in the Professional Services sector, the B2B Services sector offers seven Training franchises, six Courier & Delivery franchises, five Graphic Design franchises, three Media franchises and 41 Business franchises. Check out the brands to see if your perfect match is among them.
Read about these three brands to see what franchise opportunities exist
There are many interesting franchising options in the Professional Services sector. Take CPA Online for example. The brand is expanding, with 10 locations currently in operation, and a desire to expand further. Opening a CPA Online business requires an affordable initial investment of £14,750. At least £7,375 should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. CPA Online could be a good option for you, as the company provides comprehensive training and support.
Another interesting franchising opportunity is Bartercard UK. 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. When investing in this franchise, you could be eligible for financial assistance.
Lastly, Driver Hire is another successful brand that has been operating in the Professional Services sector since 1983. Driver Hire has been running for 37 years and has gained many loyal customers as a result. By joining its network of 100 franchisees, you could play a part in this brand's success. Starting a Driver Hire franchise will require you to invest a minimum of £40,000. At least £32,000 of this should come from your own personal investment. The training and assistance provided by Driver Hire give you the tools to manage your own business successfully. Financial aid can also be provided in some circumstances. See our website for details.
If you are considering opening a franchise business in the Professional Services sector, you might be interested to explore our 41 available brands. Whether you've already decided to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we have a total of almost 250 franchising opportunities to help you find the right fit.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.