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

What to know before opening a business in Hinckley

Would you like to run your own business? Hinckley, located in the East Midlands, could be a good place to start. There are many brands currently recruiting franchisees in the Hinckley and Bosworth area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. Browsing our range of companies and sectors will allow you to pinpoint the type of business that is right for you.

Recent figures show that 112,000 people live in Hinckley and Bosworth. Residents in the 40-59 age group make up the largest portion of the population. Unemployment in the area (3.7%) is comparable to the UK as a whole (4%). The labour force represents 91.0% of the local population, or 60,800 people. Across the United Kingdom, the average gross salary is £30,629. In the Hinckley and Bosworth area, it is £27,471.

Why the IT sector might be a good option for you

Are you interested in the IT sector? If so, there are 25 available franchises to choose from across the UK. You will find a lot of interesting new business investment options, including five Computer franchises, three Game franchises, three Video Game franchises, seven Online & Internet franchises and two Mobile Phone franchises. Take a look at the available brands to find out if your perfect match is among them.

Here are three examples of franchise businesses

If you're planning to invest in the IT sector, have a look at Activ Net Marketing. There are 28 locations open so far, and the network is expanding. When investing in this franchise, you could qualify for financial aid.

Another option worth considering is Spoton.net. By joining its network of 30 franchisees, you could contribute to this brand's success. In order to open a Spoton.net business, a reasonable initial investment of £14,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Spoton.net asks for a personal investment of at least £8,000. These low startup costs make this a good franchising option for first-time franchisees. If you choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.

Finally, Techclean is another interesting brand operating in the IT sector. A total of £19,500, an affordable initial investment, is required to start a Techclean franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £6,000 of the total investment should come from your personal funds. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. Financial aid can be provided in some circumstances. See eligibility details on our website.

There are 25 franchises waiting to be discovered in the IT sector. If you're curious about franchising opportunities in other sectors, Point Franchise offers close to 250 brands to pick from.

NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.