Business Franchise opportunities to start in Northfleet
Investing in a franchise in Northfleet
Northfleet, located in the East Midlands, offers a variety of new business investment opportunities, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Northampton area. Start by looking for franchise options in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
Northampton has an estimated population of 225,000 people. The majority of the population falls within the 20-39 age range. In terms of employment, the region has an economically active population of 120,300 people (83.0%), of which the unemployment rate is 5.1%. This figure is slightly higher than the average unemployment rate across the country. Residents of Northampton have an annual average salary of £29,501. In comparison, the average gross income in the UK is just over £30,500.
Investment options in the Professional Services sector
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 10 Marketing franchises, six Sign franchises, two Business Coaching franchises and 38 Management franchises. There might be one worth considering among them.
Check out these three business examples
There are many interesting franchising options in the Professional Services sector. Take CPA Online for example. The brand is developing, with 10 locations already in operation, and a desire to expand further. To start your business, you will need an initial investment of £14,750. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For CPA Online, the minimum personal investment is £7,375. These relatively low startup costs make it a good option to pursue for first-time franchisees. CPA Online also provides training and assistance to help you run your business efficiently.
Bartercard UK could be another good option for you to invest in. By joining its network of 75 franchisees, you could contribute to this brand's success. Opening a Bartercard UK franchise will require you to invest a minimum of £6,000. At least £2,000 of this should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees. If eligible, you might be able to benefit from financial aid.
Lastly, another brand worth considering is Driver Hire. First launched in 1983, the brand's extensive experience, good reputation and wide exposure are valuable assets. By joining its 100 franchises already in operation, you could contribute to this company's expansion. Starting a Driver Hire business requires an initial investment of £40,000. If you plan on getting a loan to cover the startup costs, Driver Hire asks for a personal investment of at least £32,000. For most franchises, this amount represents 30 to 50% of the total investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. When investing in this franchise, you can benefit from the assistance and support of an established brand and you could even be eligible for financial aid. See eligibility details on our website.
Starting a business in the Professional Services sector has great potential. If you're interested, explore our 41 available options. If you are still not sure which sector best suits your needs, have a look through our selection of almost 250 franchising opportunities across different sectors on Point Franchise.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.