Business Franchise opportunities to start in Rochester

Rochester is an attractive town to invest in

Would you like to run your own business? Rochester, located in the South East of England, could be a good place to start. There are many businesses currently recruiting franchisees in the Medway area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and business goals.

According to recent census data, 278,000 people live in Medway. Residents aged 20 to 39 years old have the highest concentration within the population. The local unemployment rate of 3.5% among 142,200 economically active people, or 80.7% of the population, is lower than the average in the UK. The gross annual salary in Medway amounts to £30,459, which is in line with the national average of £30,629.

Why choose to open a franchise in the Professional Services sector?

There are 41 brands offering franchise opportunities in the Professional Services sector. The Professional Services sector is just one example of the options available in the B2B Services sector. Other options include 41 Business franchises, five Graphic Design franchises, 27 B2B franchises, seven Training franchises and 10 Marketing franchises. Have a look, the perfect investment opportunity for you could be a few clicks away.

Eager to know more? Here are three franchise business examples

If you're planning to invest in the Professional Services sector, take a look at Driver Hire, a brand that opened in 1983. The brand's extensive experience, good reputation and wide exposure are valuable assets. By joining its network of 100 franchisees, you could play a part in this brand's success. To start your business, you will need an initial investment of £40,000. 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 usually be required. For Driver Hire, the minimum personal investment is £32,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Driver Hire also provides training and assistance to help you run your business efficiently.

Bartercard UK is another successful brand operating in the Professional Services sector. The brand is developing, with 75 locations currently in operation, and a desire to expand further. An affordable initial investment of £6,000 will enable you to start your own Bartercard UK business. In most cases, your personal investment should represent 30 to 50% of the total amount. Bartercard UK requires you to personally invest at least £2,000. You could potentially get a loan to cover the remaining costs. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If you make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. See our website for details.

Finally, another option worth considering is CPA Online. This brand is expanding, counting 10 outlets across the country. A total of £14,750, an affordable initial investment, is required to open a CPA Online franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £7,375 of the total investment should come from your personal funds. 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.

The Professional Services sector currently offers 41 new business investment opportunities. You will find a total of 238 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.

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