Home Based Franchise opportunities to start in Wolverhampton
Thinking about living and working in Wolverhampton?
Many brands are currently recruiting franchisees in Wolverhampton, located in the West Midlands. By becoming a franchisee, you could run your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the Wolverhampton area. If you already know which line of work you'd like to pursue, look into our franchise opportunities in that sector. If not, have a browse and see what other options catch your eye. We have brands to suit many different interests and career objectives.
The Wolverhampton area has 262,000 residents. The 20-39 age group has the highest concentration in the population. Unemployment in the area (7%) is high compared to the UK as a whole (4%). The labour force represents 72.2% of the local population, or 118,500 people. The average annual salary across the United Kingdom is £30,629. With a gross income averaging £24,784, residents of Wolverhampton have a slightly lower salary than the national average.
Does the Home Based business sector appeal to you?
Are you interested in running your own business in the Home Based business sector? Take a look at our 30 franchise options available in this field.
Three franchises that might interest you
If you're planning to invest in the Home Based business sector, have a look at Clara James Tutoring. By joining its one franchise already in operation, you could contribute to this company's expansion. Initially, you would need to invest £9,995 to get your own Clara James Tutoring business up and running. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. When investing in this franchise, you could qualify for financial aid.
Another option worth considering is Inleaf. There are three outlets open so far, and the network is expanding. This business opportunity requires an affordable initial investment of £42,750. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Inleaf asks for a minimum personal investment of £22,750. Given these low startup costs, this option could be suitable for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance.
Lastly, Ooh La La Beauty Bar is another interesting franchising opportunity if you plan to invest in the Home Based business sector. By joining its current five franchisees, you would be joining a growing brand network. You will need an initial investment of £58,000 to start your own Ooh La La Beauty Bar business. Your personal investment should account for at least £30,000 of the total amount. You may want to think about getting a loan to start a business in this sector. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business. If you decide to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. See eligibility details on our website.
The Home Based business sector offers many interesting franchising opportunities, including our 30 franchise options. If you're still torn between different sectors, no problem! Point Franchise offers close to 250 franchising opportunities across a variety of sectors. Enjoy exploring your options.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.