IT, High-Tech & Online Franchise opportunities to start in Luton
Luton and its prospects for new Businesses
If you'd like to run your own business but don't know where to start, a franchise might just be the solution. Luton, situated in the East of England, could be a good place to start as there are many businesses currently recruiting franchisees in the Luton area. Starting a business should be exciting! Explore our selection of franchising options, starting with the sectors that you feel most passionate about.
The population of Luton is made up of 214,000 people. The population's most prevalent age group is made up of 20-39 year olds. The economically active population in Luton amounts to 103,100 people, with an unemployment rate of 5%. This rate is slightly higher than the national average. Salaries in Luton average £28,196 a year, while in the United Kingdom the average income is close to £31,000.
Running an IT franchise business
Across the United Kingdom, there are 25 franchises in the IT sector. This sector offers a variety of interesting options, including seven Online & Internet franchises, two Mobile Phone franchises, five Computer franchises, three Video Game franchises and three Game franchises. See if any catch your eye.
Eager to find out more? Here are three franchise business examples
If the IT sector is your area of interest, Jam Coding is worth considering. By joining its current one franchisee, you would become a part of a growing brand network. You will need an initial investment of £19,950 to open your own Jam Coding business. Your personal investment should account for at least £4,000 of the total amount. You may want to think about getting a loan to start a business in this sector. These low startup costs make it a good option to pursue for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance.
Another interesting franchising opportunity is Activ Net Marketing. There are 28 locations open so far, and the network is expanding. Financial support is available for eligible franchisees.
Techclean is a third interesting investment opportunity in the IT sector. This business opportunity requires a reasonable initial investment of £19,500. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Techclean requires a minimum personal investment of £6,000. These relatively low startup costs make it a good option to pursue for first-time franchisees.
The IT sector offers 25 franchising opportunities. Don't forget that we offer new business investment ranges across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our option of almost 250 franchising possibilities.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.