Home Based Franchise opportunities to start in South Shields
What can South Shields offer to new businesses?
You could start your own business by becoming a franchisee in South Shields. There are a number of opportunities to choose from in South Tyneside, located in the North East of England. Take a look at our range of brands and start running your own business with a team behind you. Why not have a browse through our selection of new business investment options? There are opportunities to suit various needs and career objectives.
According to recent census data, 150,000 people live in South Tyneside. The 40-59 age group is the most represented within the population. Unemployment affects 4% of the UK population. With a rate of 8.2%, unemployment in this area is slightly higher than the national average. The economically active population amounts to 67,300 people, making up 74.4% of the population. The gross annual salary in South Tyneside amounts to £24,834, which is slightly lower than the national average of £30,629.
Why choose to open a franchise in the Home Based business sector?
If you wish to operate a Home Based franchise, you are likely to find one that interests you among 30 available across the United Kingdom.
Three franchise business examples
Ooh La La Beauty Bar operates in the Home Based business sector. By joining its network of five franchisees, you could play a part in this brand's success. You will need an initial investment of £58,000 to open your own Ooh La La Beauty Bar business. Your personal investment should account for at least £30,000 of the total amount. You may want to think about getting a loan to start a franchise in this sector. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. If you can't cover the startup costs on your own, you may qualify for financial aid.
Another option worth considering is Lockforce UK, a brand that launched in 2010. By joining its current 27 franchisees, you would become a part of a growing brand network. To open your own Lockforce UK business, you will need an initial investment of £14,995. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. If you can't afford the startup costs on your own, you may be eligible for financial assistance.
Lastly, another interesting franchising opportunity is Recognition Express. This business opportunity requires a reasonable initial investment of £25,000. 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. Recognition Express requires a minimum personal investment of £9,000. 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 could find out if you qualify for financial aid. Visit our website for details.
The Home Based business sector currently offers 30 franchising options. Point Franchise offers a total of close to 250 franchising options across a variety of sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.