Home Based Franchise opportunities to start in Dudley
Dudley and its prospects for new Businesses
Many brands are currently recruiting franchisees in Dudley, located in the West Midlands. By becoming a franchisee, you could manage your own business while receiving comprehensive training and marketing assistance. Keep reading to explore the options in the Dudley area. Explore our various franchising options to find the sectors and brands that most appeal to you.
A recent census found that 321,000 people live in Dudley. The majority of the population falls within the 40-59 age range. The 4.7% unemployment rate among 145,500 economically active people in the area is slightly higher than the national average. Dudley has an average annual salary of £28,043, which is slightly lower than the national average income of just over £30,500.
The Home Based business sector could be the right choice for you
There are currently 30 opportunities to invest in the Home Based business sector. If you would like to operate a business in this sector, keep reading.
Read about these three brands to see what franchise opportunities exist
If you would like to invest in a Home Based franchise, you could consider Right at Home. There are 49 outlets open so far, and the network is expanding. Opening a Right at Home business requires a substantial initial investment of £120,000. At least £40,000 should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. When investing in this franchise, you could be eligible for financial aid.
Your Mortgage Plus could be another good option for you to invest in. By joining its current five franchisees, you would be joining a growing brand network. Starting a Your Mortgage Plus business requires an affordable initial investment of £19,995. If you intend to get a loan to cover the startup costs, Your Mortgage Plus asks for a personal investment of at least £9,995. For most franchises, this amount represents 30 to 50% of the total investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If you can't cover the startup costs on your own, you may qualify for financial aid.
Finally, another interesting franchising opportunity is Platinum Property Partners, which opened in 2012. By joining its network of 370 franchisees, you would become a part of a strong business community. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid. See our website for more information.
Many businesses are already operating in the Home Based business sector. We currently have 30 franchise options available in the sector. At Point Franchise, we have almost 250 new business investment opportunities available, giving you plenty to choose from in other sectors as well.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.