IT, High-Tech & Online Franchise opportunities to start in Wallsend

What to know before opening a business in Wallsend

The franchising possibilities in Wallsend, located in North East England, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to discover which brands you could work with in North Tyneside. We offer a number of franchises to suit various budgets and career objectives. Have a look at our range of brands and sectors to see what might suit you.

There are approximately 206,000 people currently living in North Tyneside. The majority of residents are aged 40 to 59 years old. The local unemployment rate of 3% is below par compared to the UK average of 4%. The local labour force consists of 102,600 people, representing 80.4% of the population. The United Kingdom's annual average income is just over £30,500. Salaries in North Tyneside are slightly lower in comparison, averaging £27,665 a year.

Why the IT sector appeals to franchisees

If you're thinking about becoming a franchisee in the IT sector, have a look at our 25 franchise options currently available in the sector. In fact, you can choose from three Game franchises, seven Online & Internet franchises, five Computer franchises, three Video Game franchises and two Mobile Phone franchises today.

Take a look at these three business examples

If the IT sector is your area of interest, Families Magazine is worth considering. First established in 1992, the company now has 28 years of experience, making it a leader in the field. By joining its network of 35 franchisees, you could contribute to this brand's success. An initial investment of £12,500 will allow you to start your own Families Magazine business. Given these low startup costs, this option could be suitable for first-time franchisees. By investing in this established brand, you could be eligible for financial aid.

Another option worth considering is Techclean. This business requires a reasonable initial investment of £19,500. 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 start a Techclean business is £6,000. These low startup costs make this a good franchising option for first-time franchisees. If you decide to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.

Lastly, you could also consider Spoton.net. The brand is developing, with 30 outlets currently in operation, and a desire to expand further. You will need to invest £14,000 to open your own Spoton.net business. At least £8,000 of this affordable amount should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees. An investment in this franchise entitles you to financial aid, if eligible. Visit our website for more information.

If you are thinking about running a franchise business in the IT sector, you might be interested to browse our 25 available brands. But you also have plenty of investment options in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.

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