Home Based Franchise opportunities to start in Horndean
Investing in a franchise in Horndean
Would you like to run your own business? Horndean, located in Scotland, could be a good place to start. There are many brands currently recruiting franchisees in the Scottish Borders area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and business goals.
Recent figures show that Scottish Borders has a population of 115,000 residents. Residents in the 60+ age group make up the largest portion of the population. The local unemployment rate of 3.2% among 53,300 economically active people, or 78.8% of the population, is lower than the average in the UK. Scottish Borders has an average annual salary of £26,777. This salary is slightly lower than the rest of the United Kingdom, which has an average income of £30,629.
Investment opportunities in the Home Based business sector
There are 30 UK-based franchises available in the Home Based business sector.
Three franchise businesses worth reading about
If the Home Based business sector is your area of interest, Bartercard UK is worth looking at. The brand is expanding, with 75 franchises already in operation, and a desire to expand further. This business requires an affordable initial investment of £6,000. If you plan on getting 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 Bartercard UK business is £2,000. These relatively low startup costs make it a good option to pursue for first-time franchisees. If you can't afford the startup costs on your own, you could find out if you qualify for financial aid.
Check out Secure Locker Rentals. By joining its current six franchisees, you would be joining a growing brand network. A total of £20,500, an affordable initial investment, is required to start a Secure Locker Rentals franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £10,000 of the total investment should come from your personal funds. These low startup costs make this a good franchising option for first-time franchisees. You could also benefit from financial assistance, if eligible.
Finally, another option to consider is World Options. This brand is growing, counting 100 locations across the country. Opening a World Options business requires an initial investment of £32,500. Due to the higher startup costs, this option is not recommended for first-time franchisees. Eligible candidates may apply for financial aid. Visit our website for more information.
The Home Based business sector offers 30 franchising options. At Point Franchise, we are proud to offer close to 250 franchise options across various sectors, helping you find the perfect investment opportunities for you.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.