Home Based Franchise opportunities to start in Derby

Investing in a franchise in Derby

Many brands are currently looking for franchisees in Derby, located in the East Midlands. By becoming a franchisee, you could run your own business while receiving comprehensive training and marketing assistance. Keep reading to explore the options in the Derby area. Why not have a browse through our range of new business investment options? There are opportunities to suit many needs and career goals.

There are 257,000 people living in the Derby region. The majority of the population sits within the 20-39 age category. The local labour force includes 124,600 people, or 77.4% of the total population. With an unemployment rate of 4.2%, recent data shows that employment in this area is in line with the rest of the UK. Derby has an average annual income of £29,895. This salary is in line with the rest of the UK, which has an average salary of close to £31,000.

The Home Based business sector could be the right choice for you

There are 30 franchises in the Home Based business sector to choose from.

Three examples of available franchise business possibilities

The Home Based business sector has many franchise options available, such as Metro Rod, which opened in 1985. Metro Rod has gained expertise and customer loyalty in its 35 years since opening. The brand is growing, with 40 outlets currently in operation, and a desire to expand further. Good to know: you won't need any premises as you can work from home. Also, if you can't cover the startup costs alone, you may be able to benefit from financial aid.

Take a look at Secure Locker Rentals, another interesting Home Based franchise. By joining its current six franchisees, you would be joining a growing brand network. You will need to invest £20,500 to begin operating your own Secure Locker Rentals franchise, which is a reasonable initial investment. Your personal investment should account for at least £10,000 of the total amount. 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. Financial aid can be provided in some circumstances.

Lastly, another option worth considering is The Alternative Board. There are 31 locations open so far, and the network is expanding. This business requires an affordable initial investment of £64,500. If you intend to get 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 start an Alternative Board business is £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.

We offer a total of 30 businesses in the Home Based business sector. If you're interested, see if the right investment opportunity for you is among them. On Point Franchise, there is plenty of choice in other sectors too. We have close to 250 franchising opportunities in total to choose from.

Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.