Business Franchise opportunities to start in Stanford-le-Hope

Opening a franchise business in Stanford-le-Hope

Have you ever considered opening a franchise in Stanford-le-Hope? This could be your opportunity to run your own business while benefiting from comprehensive training and marketing support, since many brands in the Thurrock area are currently recruiting franchisees. We offer a number of realistic new business investment options, so that you can find one you like.

According to recent census data, 173,000 people live in Thurrock. Residents in the 0-19 age category make up the largest portion of the population. The economically active population in Thurrock amounts to 89,300 people, with an unemployment rate of 5.5%. This rate is slightly higher than the national average. Residents in the area earn £30,610 per year on average. This income is in line with the country's average gross salary, which reaches just over £30,500.

Why start a franchise in the Professional Services sector?

The Professional Services sector currently offers 41 franchise opportunities. If this sector appeals to you, check out our options. You will find many business opportunities in the B2B Services sector, including those in the Professional Services sector. Other possibilities include 27 B2B franchises, 38 Management franchises, 10 Marketing franchises, seven Training franchises and five Graphic Design franchises. There might be one worth considering among them.

Three franchise businesses worth reading about

If you're interested in the Professional Services sector, take a look at Driver Hire. The brand is developing, with 100 locations currently in operation, and a desire to expand further. It has been operating since 1983. The company has built strong customer loyalty over the past 37 years. Opening 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. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. If eligible, you might be entitled to financial assistance.

Have a look at Business Partnership. By joining its network of 19 franchisees, you could contribute to this brand's success. In order to open a Business Partnership business, a reasonable initial investment of £34,000 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. Business Partnership requires a personal investment of at least £20,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. 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 may qualify for financial aid.

Finally, you could also consider CPA Online. By joining its 10 franchises already in operation, you could contribute to this brand's expansion. Starting a CPA Online business requires a reasonable initial investment of £14,750. If you intend to get a loan to cover the startup costs, CPA Online asks for a personal investment of at least £7,375. For most franchises, this amount represents 30 to 50% of the total investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. When investing in this franchise, you could be eligible for financial aid. See our website for more information.

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. At Point Franchise, we are proud to offer 236 franchise options across many sectors, helping you find the perfect investment opportunities for you.

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