IT, High-Tech & Online Franchise opportunities to start in South Shields
What to consider when starting a franchise in South Shields
Would you like to open a business in South Shields, located in the North East of England? Would you like to work for yourself but not on your own? If so, check out our franchising opportunities. On this page, you'll find several brands offering the training and support you need to run your own business in the South Tyneside area. If you already know which line of work you'd like to pursue, explore our franchise options in that sector. If not, have a look and see what other options catch your eye. We have businesses to suit all kinds of interests and career objectives.
There are approximately 150,000 people currently living in South Tyneside. The population's most prevalent age group is made up of 40-59 year olds. The labour force makes up 74.4% of the population, or approximately 67,300 people. The area has an unemployment rate of 8.2% which is slightly higher than the UK average of 4%. The local income averages £24,834 per year, which is slightly lower than the close to £31,000 average salary in the UK as a whole.
Why start a business in the IT sector?
If you're considering becoming a franchisee in the IT sector, have a look at our 25 franchise opportunities currently available in the sector. In fact, you can pick from five Computer franchises, three Game franchises, three Video Game franchises, two Mobile Phone franchises and seven Online & Internet franchises today.
Eager to find out more? Here are three franchise business examples
If you'd like to run your own IT business, Spoton.net could be a great option for you. By joining its 30 franchises already in operation, you could contribute to this company's expansion. This business requires a reasonable initial investment of £14,000. If you plan on getting 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 Spoton.net business is £8,000. These low startup costs make this a good franchising option for first-time franchisees.
Another brand worth considering is Computer Xplorers. Starting a Computer Xplorers business requires a reasonable initial investment of £14,950. You may qualify for financial assistance.
Activ Net Marketing is a third interesting franchise option in the IT sector. This brand is expanding, counting 28 locations across the country. Also, if you can't afford the startup costs on your own, you may qualify for financial support. See eligibility details on our website.
If you are interested in the IT sector and would like to learn more about its available franchising options, look into the 25 businesses currently recruiting franchisees in the sector. You will find a total of close to 250 franchise options on Point Franchise. So if you are still looking for the perfect business opportunity, there are still plenty of options for you to explore.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.