Home Based Franchise opportunities to start in Prescot
Prescot could be home to your new business
If you'd like to run your own business but don't know where to start, a franchise might just be the answer. Prescot, situated in the North West of England, could be a good place to start as there are many brands currently recruiting franchisees in the Knowsley area. Starting a business should be exciting! Check out our range of franchising options, starting with the sectors that you feel most passionate about.
Knowsley has an estimated population of 150,000 people. Residents aged 40 to 59 years old make up the majority of the population. The community has 72,200 economically active people, representing 77.9% of the population, with an unemployment rate of 2.9%. This rate is significantly lower than the country's 4% national average. Residents in the area earn £25,844 per year on average. This income is slightly lower than the country's average gross salary, which reaches just over £30,500.
What the Home Based business sector could offer you
There are 30 UK-based franchises available in the Home Based business sector.
Three examples of available franchise business possibilities
Right at Home is an interesting franchise operating in the Home Based business sector. By joining its current 49 franchisees, you would be joining a growing brand network. A total of £120,000, a significant initial investment, is required to start a Right at Home franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £40,000 of the total investment should come from your personal funds. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. An investment in this franchise entitles you to financial aid, if eligible.
If the Home Based business sector appeals to you, Satchel Learning is another option you could have a look at. There are three locations open so far, and the network is expanding. Opening a Satchel Learning franchise requires an initial investment of £8,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Financial support is available for eligible franchisees.
The Home Based business sector has many brands worth considering. As a final example, take a look at Bartercard UK. By joining its network of 75 franchisees, you could play a part in this brand's success. This business requires a reasonable 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 open a Bartercard UK business is £2,000. 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 could see if you qualify for financial assistance. See eligibility details on our website.
If you want to work in the Home Based business sector, the perfect investment opportunity could be waiting for you among our 30 available franchises in the sector. But you also have plenty of investment options in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.