Home Based Franchise opportunities to start in Tamworth
What to consider when starting a franchise in Tamworth
Located in the West Midlands, Tamworth is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, check out our franchising options in Tamworth and take the first step towards managing your own business. To start off with, look for the line of work that appeals to you the most. This is a quick way to find the brand best suited to you.
There are 77,000 people in the Tamworth area. Residents in the 40-59 age group make up the largest portion of the population. The community has a 5.3% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's economically active population consists of 40,600 people or 86.8% of the total population. Across the United Kingdom, the average gross salary is close to £31,000. In the Tamworth area, it is £26,343.
The Home Based business sector and its investment opportunities
In the UK, there are 30 franchises recruiting in the Home Based business sector.
Three franchises that could interest you
If you'd like to open your own Home Based business, World Options might be a great option for you. By joining its current 100 franchisees, you would become a part of a growing brand network. To open your own World Options business, you will need an initial investment of £32,500. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You may qualify for financial assistance.
Have a look at Tubz Vending. By joining its network of 300 franchisees, you would become a part of a strong business community. Opening a Tubz Vending business requires an initial investment of £3,295. Given these low startup costs, this option could be suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Lastly, you could also consider Your Mortgage Plus. There are five locations open so far, and the network is expanding. In order to open a Your Mortgage Plus business, an affordable initial investment of £19,995 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. Your Mortgage Plus asks for a personal investment of at least £9,995. Given these low startup costs, this option could be suitable for first-time franchisees. If eligible, you might be entitled to financial aid. See our website for more information.
If you are thinking about running a franchise business in the Home Based business sector, you might be interested to browse our 30 available brands. If you're interested in exploring business options in other sectors, we've got a total of 236 franchising opportunities to choose from on Point Franchise.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.