IT, High-Tech & Online Franchise opportunities to start in Durham
Investing in Durham could be your next move
Located in North East England, Durham is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, check out our franchising options in County Durham and take the first step towards managing your own business. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career goals.
Recent figures show that County Durham has a population of 527,000 people. The most represented age range is 60+ years of age. The local labour force includes 244,900 people, or 75.5% of the total population. With an unemployment rate of 5.7%, recent data shows that employment in this area is slightly higher than in the rest of the United Kingdom. The area's average gross annual income of £27,594 is slightly lower than the average income of close to £31,000 across the UK.
The IT sector: An interesting opportunity for franchisees
If you wish to run an IT franchise, you are likely to find one that appeals to you among 25 available across the UK. With three Video Game franchises, three Game franchises, five Computer franchises, two Mobile Phone franchises and seven Online & Internet franchises, this field has great potential for exciting investment opportunities. See if there's a brand to suit your goals and interests.
Three franchise business examples worth looking at
If working in the IT sector appeals to you, have a look at GoCruise. The brand is expanding, with 100 locations already in operation, and a desire to expand further.
Another opportunity worth considering is Jam Coding. This brand is developing, counting one outlet across the UK. Starting a Jam Coding franchise will require you to invest a minimum of £19,950. At least £4,000 of this should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. By investing in this franchise, you may be eligible for financial assistance.
Finally, another interesting franchise option is Techclean. You will need an initial investment of £19,500 to open your own Techclean business. Your personal investment should account for at least £6,000 of the total amount. You may want to think about getting a loan to open a business in this sector. These relatively low startup costs make it a good option to pursue for first-time franchisees. Financial aid can be provided in some circumstances. See our website for more information.
The IT sector offers many interesting investment opportunities, including our 25 franchise options. If you are still not sure which sector best suits your needs, have a look through our selection of close to 250 franchising opportunities across a variety of sectors on Point Franchise.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.