IT, High-Tech & Online Franchise opportunities to start in Hemel Hempstead
What to know before opening a franchise in Hemel Hempstead
Discover the business opportunities waiting for you in Hemel Hempstead, situated in the East of England. On this page you'll find a selection of brands that could make you a franchisee in the Dacorum area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. Start by looking for franchise options in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
The Dacorum area has a population of 154,000 people. The most prevalent age group in the population is 40 to 59 years old. In terms of employment, the area has an economically active population of 78,200 people (82.8%), of which the unemployment rate is 2.9%. This figure is significantly lower than the average unemployment rate in the UK. The gross annual income in Dacorum amounts to £32,443, which is slightly higher than the national average of just over £30,500.
Why start a business in the IT sector?
If you're considering becoming a franchisee in the IT sector, check out our 25 franchise opportunities currently available in the field. Among the business opportunities in this sector, you will find five Computer franchises, two Mobile Phone franchises, three Game franchises, seven Online & Internet franchises and three Video Game franchises. There might be one worth considering among them.
Three franchise business examples
If you are interested in opening a business in the IT sector, Families Magazine could be an option for you. Initially established in 1992, the brand now has 28 years of experience, making it a leader in the field. By joining its current 35 franchisees, you would be joining a growing brand network. An initial investment of £12,500 will enable you to start your own Families Magazine business. These low startup costs make this a good franchising option for first-time franchisees. If you can't afford the startup costs on your own, you may be eligible for financial aid.
You could also consider Techclean. This business requires an affordable 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 it a good option to pursue for first-time franchisees. You could also benefit from financial assistance, if eligible.
Lastly, take a look at Computer Xplorers, another interesting IT franchise. To start your own Computer Xplorers franchise, you will need to invest £14,950. Eligible candidates may apply for financial aid. See eligibility details on our website.
If working in the IT sector appeals to you, have a look at our 25 available franchising opportunities in the sector. Point Franchise has almost 250 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.