Home Based Franchise opportunities to start in Hereford
What to consider when starting a business in Hereford
The Herefordshire area offers many interesting business opportunities. If you are interested in running your own business, you should consider franchising. This would allow you to work for yourself while benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Hereford. If you already know which line of work you'd like to pursue, check out our franchise opportunities in that sector. If not, have a look and see what other options catch your eye. We have brands to suit all kinds of interests and career goals.
The Herefordshire region has 192,000 residents. The 60+ age group has the highest concentration in the population. In terms of employment, the area has a labour force of 93,100 people (85.1%), of which the unemployment rate is 2.5%. This figure is significantly lower than the average unemployment rate in the United Kingdom. The local income averages £25,778 per year, which is slightly lower than the close to £31,000 average salary in the United Kingdom as a whole.
The Home Based business sector and its franchising options
Across the United Kingdom, there are 30 franchises in the Home Based business sector.
Three examples of available franchise business possibilities
If you are interested in opening a business in the Home Based business sector, read about Christmas Decorators, a company operating since 2007. The brand now has 13 years of experience, making it a leader in the field. By joining its current 40 franchisees, you would become a part of a growing brand network. An initial investment of £25,000 will enable you to open your own Christmas Decorators franchise. These relatively low startup costs make it a good option to pursue for first-time franchisees. Eligible candidates may apply for financial assistance.
Countrywide Signs is an interesting franchise option in the Home Based business sector. There are 45 outlets open so far, and the network is expanding. Initially, you would need to invest £19,995 to get your own Countrywide Signs business up and running. These relatively low startup costs make it a good option to pursue for first-time franchisees. Also, if you can't cover the startup costs alone, you may be entitled to financial aid.
Lastly, another option worth considering is Moving Home Made Easy. You will need an initial investment of £70,000 to open your own Moving Home Made Easy business. Your personal investment should account for at least £35,000 of the total amount. You may want to think about getting a loan to open a business in this sector. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. By investing in this established brand, you could qualify for financial aid. Visit our website for more information.
If you would like to work in the Home Based business sector, the perfect business opportunity could be waiting for you among our 30 available franchises in the sector. If you're curious about investment options in other sectors, we've got a total of close to 250 franchising opportunities to choose from on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.