Business Franchise opportunities to start in Chatham
Why should you invest in Chatham?
Have you ever considered opening a franchise in Chatham? This could be your opportunity to run your own business while benefiting from comprehensive training and marketing support, since many brands in the Medway area are currently recruiting franchisees. Check out our various franchising opportunities to discover the sectors and brands that most appeal to you.
Approximately 278,000 people currently live in Medway. The most represented age group is 20-39 years old. The area has a 3.5% unemployment rate, which is lower than the national average of 4%. Overall, the region's labour force consists of 142,200 people or 80.7% of the total population. With an average gross annual income of £30,459, salaries in Medway are in line with the average salary of close to £31,000 across the UK.
Does the Professional Services sector appeal to you?
Across the United Kingdom, there are 41 franchises operating in the Professional Services sector. This is just one of the sectors you could choose within the B2B Services sector. There are also two Business Coaching franchises, 27 B2B franchises, 10 Marketing franchises, two Consulting franchises and three Media franchises. Have a browse and see if any are a good fit for you.
Here are three examples of franchise businesses
There are many interesting franchising possibilities in the Professional Services sector. Take Bartercard UK for example. The brand is expanding, with 75 locations currently in operation, and a desire to expand further. In order to start a Bartercard UK business, an affordable initial investment of £6,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Bartercard UK requires a personal investment of at least £2,000. These low startup costs make this a good franchising option for first-time franchisees. Also, if you can't afford the startup costs alone, you may be able to benefit from financial assistance.
Another option worth considering is CPA Online. By joining its network of 10 franchisees, you could contribute to this brand's success. This business requires a reasonable initial investment of £14,750. If you intend to get 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 open a CPA Online business is £7,375. These low startup costs make this a good franchising option for first-time franchisees. If you can't cover the startup costs on your own, you may be eligible for financial aid.
Finally, if the Professional Services sector appeals to you, Business Partnership is another option you could have a look at. By joining its current 19 franchisees, you would become a part of a growing brand network. You will need to invest £34,000 to open your own Business Partnership business. At least £20,000 of this reasonable amount should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. Good to know: you won't need any premises as you can work from home. If you choose to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. See our website for more information.
If you are interested in the Professional Services sector and would like to discover more franchising options, take a look at the 41 brands available in this sector. Whether you've already made the decision to invest or are still weighing your options, it's worth exploring different sectors. At Point Franchise, we have a total of almost 250 franchising opportunities to help you find the perfect fit.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.
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