Home Based Franchise opportunities to start in Barrow-in-Furness
What to know before starting a franchise in Barrow-in-Furness
If you want to open your own business, you may find that Barrow-in-Furness has a lot to offer. Many companies are currently recruiting franchisees in the Barrow-in-Furness area. Keep reading to see if running a franchise could be a good option for you! Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
The population of Barrow-in-Furness is made up of 67,000 residents. Residents in the 60+ age group make up the largest portion of the population. The local labour force consists of 26,200 people, or 65.6% of the total population. With an unemployment rate of 3.5%, recent data indicates that employment in this area is lower than in the rest of the UK. For the Barrow-in-Furness area, the average income is £28,633, which is slightly lower than the national average salary of just over £30,500.
The Home Based business sector and its investment options
There are currently 30 opportunities to invest in the Home Based business sector. If you would like to operate a business in this field, keep reading.
Three franchises that could interest you
If you plan to invest in a Home Based business, you could consider Choice Home Tutoring. By joining its network of four franchisees, you could contribute to this brand's success. This business opportunity requires a reasonable initial investment of £17,500. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Choice Home Tutoring requires a minimum personal investment of £6,000. Given these low startup costs, this option could be suitable for first-time franchisees. An investment in this franchise entitles you to expert training and support as well as financial assistance, if eligible.
If the Home Based business sector appeals to you, Sandstone Yoga & Pilates is another option you could consider. There are four outlets open so far, and the network is expanding. To start your own Sandstone Yoga & Pilates business, you will need an initial investment of £9,950. 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. Good to know: you won't need any premises as you can work from home. You will have all the guidance you need to manage your business thanks to the training and support provided by Sandstone Yoga & Pilates. And if you can't cover the startup costs on your own, you may be eligible for financial aid. Visit our website for more information.
Finally, The Financial Management Centre, open since 2010, is another interesting option. The Financial Management Centre provides comprehensive training and support to help you build a successful business of your own.
If you would like to know more about franchise opportunities in the Home Based business sector, have a look through our 30 available options. If you are still not sure which sector best suits your needs, have a look through our range of almost 250 new business investment opportunities across a variety of sectors on Point Franchise.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.