IT, High-Tech & Online Franchise opportunities to start in Wolverhampton
Wolverhampton: A great location to start a business
Would you like to run your own business? Wolverhampton, located in the West Midlands, could be a good place to start. There are many businesses currently recruiting franchisees in the Wolverhampton area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. Why not have a browse through our range of franchising options? There are opportunities to suit many needs and business objectives.
Wolverhampton has an estimated population of 262,000 people. The most prevalent age group in the population falls in the 20-39 age bracket. Approximately 118,500 people are economically active in the area, representing 72.2% of the population. The unemployment rate (7%) is high compared to the national average (4%). Wolverhampton has an average annual income of £24,784. This salary is slightly lower than the rest of the UK, which has an average salary of just over £30,500.
Why open a franchise in the IT sector?
There are 25 franchises in the IT sector to choose from. With two Mobile Phone franchises, three Video Game franchises, five Computer franchises, seven Online & Internet franchises and three Game franchises, this field has great potential for exciting investment opportunities. See if there's a brand to suit your goals and interests.
Want to know more? Read about these three brands
The IT sector has many franchise opportunities available, such as Computer Xplorers. You will need to invest £14,950 to start running your own Computer Xplorers business, which is an affordable initial investment.
Jam Coding is another successful brand operating in the IT sector. This brand is growing, counting one location across the United Kingdom. This business opportunity requires an affordable initial investment of £19,950. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Jam Coding asks for a minimum personal investment of £4,000. 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.
As a final IT franchise option, take a look at Families Magazine. Launched in 1992, Families Magazine has proved itself to be a successful business and leader in the sector in its 28 years since opening. By joining its network of 35 franchisees, you could play a part in this brand's success. An initial investment of £12,500 will enable you to start your own Families Magazine business. These low startup costs make it a good option to pursue for first-time franchisees. Financial aid can be given in some circumstances. See our website for details.
Eager to read more about business opportunities in the IT sector? Explore our 25 available options. If you are still not sure which sector best suits your needs, have a look through our selection of 236 new business investment opportunities across a variety of sectors on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.