Home Based Franchise opportunities to start in West Bromwich
Investing in West Bromwich could be your next move
If you're thinking about running your own business in West Bromwich, located in the West Midlands, you should explore franchising options. Several companies are currently recruiting in the Sandwell area. As a franchisee you could manage your own business while benefitting from comprehensive support. Keep reading to find out if this could be for you. To begin, 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.
The Sandwell area has a population of 327,000 people. The majority of residents are aged 20 to 39 years old. In terms of employment, the area has an economically active population of 153,400 people (74.7%), of which the unemployment rate is 5.3%. This figure is slightly higher than the average unemployment rate across the country. Residents in the area earn £23,823 per year on average. This income is lower than the country's average gross income, which reaches close to £31,000.
Why the Home Based business sector might be a good option for you
If you want to run your own business in the Home Based business sector, the good news is that there are 30 franchises currently recruiting new franchisees across the country.
Three franchise business examples worth looking at
There are many interesting franchising possibilities in the Home Based business sector. Take Ooh La La Beauty Bar for example. By joining its five franchise already in operation, you could contribute to this company's expansion. Opening an Ooh La La Beauty Bar business requires an initial investment of £58,000. At least £30,000 should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required to operate this business. If you can't afford the startup costs on your own, you could see if you qualify for financial aid.
Another brand worth considering is Bartercard UK. There are 75 outlet open so far, and the network is expanding. Starting a Bartercard UK franchise will require you to invest a minimum of £6,000. At least £2,000 of this should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. An investment in this franchise entitles you to financial assistance, if eligible.
Lastly, take a look at No Letting Go, another attractive Home Based franchise. By joining its network of 65 franchisee, you could contribute to this brand's success. Opening a No Letting Go business requires an initial investment of £17,950. Given these low startup costs, this option could be suitable for first-time franchisees. By investing in this franchise, you may qualify for financial support. See our website for more information.
There are currently 30 available franchise options in the Home Based business sector. Have a look at these brands to find out if there's a good fit for you. You will find a total of 236 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
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