Home Based Franchise opportunities to start in Redcar
Thinking about living and working in Redcar?
Many brands are currently looking for franchisees in Redcar, located in the North East of England. By becoming a franchisee, you could manage your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the Redcar and Cleveland area. There are a variety of new business investment opportunities available based on your budget and career goals. Have a browse to find the brand that appeals to you most.
Recent figures show that 137,000 people live in Redcar and Cleveland. Residents aged over 60 years old are the most represented in the population. Approximately 57,500 people are economically active in the region, representing 71.4% of the population. The unemployment rate (5.5%) is high compared to the national average (4%). The average annual salary across the UK is £30,629. With a gross income averaging £23,062, residents of Redcar and Cleveland have a lower salary than the national average.
Why the Home Based business sector might be a good option for you
Across the United Kingdom, you will find 30 franchises operating in the Home Based business sector.
Take a look at these three business examples
Local Eats could be a great option for you if you're planning to invest in the Home Based business sector. The brand is expanding, with 27 franchises already in operation, and a desire to expand further. An initial investment of £5,000 will allow you to open your own Local Eats business. Given these low startup costs, this option could be suitable for first-time franchisees. You could also receive financial assistance, if eligible.
Computer Xplorers is another interesting option. You will need an initial investment of £14,950 to start your own Computer Xplorers business. If eligible, you might be entitled to financial aid.
Lastly, if the Home Based business sector appeals to you, The Alternative Board is another option you could consider. By joining its current 31 franchisees, you would be joining a growing brand network. In order to start an Alternative Board business, an affordable initial investment of £64,500 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. The Alternative Board requires a personal investment of at least £20,000. 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. An investment in this franchise entitles you to financial aid, if eligible. See our website for more information.
The Home Based business sector has many successful franchise businesses. We currently have 30 options available in this sector. You will find a total of almost 250 franchise options on Point Franchise. So if you are still looking for the perfect business opportunity, there are still plenty of options for you to explore.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.