IT, High-Tech & Online Franchise opportunities to start in Farnborough
Thinking about living and working in Farnborough?
If you want to open your own business, you may find that Farnborough has a lot to offer. Many companies are currently recruiting franchisees in the West Berkshire area. Keep reading to find out if running a franchise could be a good option for you! Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and business objectives.
According to recent census data, 159,000 people live in West Berkshire. When broken down by age group, 40-59 year olds represent the largest portion of the population. The 2.7% unemployment rate among the 83,100 economically active people in the area is significantly lower than the UK average. West Berkshire has an average annual salary of £38,416. This salary is significantly higher than the rest of the UK, which has an average income of just over £30,500.
The IT sector: An interesting opportunity for franchisees
If you want to manage your own business in the IT sector, the good news is that there are 25 franchises currently recruiting new franchisees across the country. We have five Computer franchises, seven Online & Internet franchises, three Game franchises, two Mobile Phone franchises and three Video Game franchises. Have a look at the brands to see if your perfect match is among them.
Here are three examples of franchise businesses
Jam Coding could be a great option for you if you're interested in the IT sector. This brand is expanding, counting one outlet across the country. To start your business, you will need an initial investment of £19,950. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Jam Coding, the minimum personal investment is £4,000. These low startup costs make this a good franchising option for first-time franchisees.
Check out GoCruise. By joining its network of 100 franchisees, you could contribute to this brand's success.
Finally, another option to consider is Spoton.net. The brand is developing, with 30 locations already in operation, and a desire to expand further. Starting a Spoton.net franchise will require you to invest a minimum of £14,000. At least £8,000 of this should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees. If you can't cover the startup costs on your own, you could see if you qualify for financial aid. Visit our website for more information.
If you are interested in the IT sector and want to discover more franchising opportunities, take a look at the 25 brands available in this sector. At Point Franchise, we have 236 franchising opportunities available, giving you plenty to choose from in other sectors as well.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.