Home Based Franchise opportunities to start in Coventry
Coventry could be home to your new business
Have you ever considered opening a franchise in Coventry? This could be your opportunity to run your own business while receiving comprehensive training and marketing support, since many businesses in the Coventry area are currently recruiting franchisees. To begin, look for the line of work that appeals to you the most. This is a quick way to find the franchise best suited to you.
The Coventry area has a population of 367,000 people. The 20-39 age range has the highest concentration within the population. In terms of employment, the region has an economically active population of 189,500 people (77.2%), of which the unemployment rate is 5.4%. This figure is slightly higher than the average unemployment rate in the United Kingdom. The average gross salary in the United Kingdom is close to £31,000. Residents of Coventry earn £27,799 a year on average.
Why Home Based businesses appeal to franchisees
Across the UK, you will find 30 franchises operating in the Home Based business sector.
Three franchise businesses worth reading about
If you're interested in the Home Based business sector, check out Homeclean. By joining its network of 25 franchisees, you could contribute to this brand's success. A reasonable initial investment of £18,000 will enable you to open your own Homeclean business. In most cases, your personal investment should represent 30 to 50% of the total amount. Homeclean requires you to personally invest at least £12,000. You could potentially apply for a loan to cover the remaining costs. These low startup costs make this a good franchising option for first-time franchisees. If you can't afford the startup costs on your own, you may be eligible for financial assistance.
Aspray is another interesting franchising opportunity if you plan to invest in the Home Based business sector. Launched in 2005, Aspray has acquired valuable experience in the sector in its 15 years since first opening. There are 50 locations open so far, and the network is expanding. Financial aid can be provided in some circumstances.
The Home Based business sector has many brands worth considering. As a final example, take a look at Jam Coding. By joining its one franchise already in operation, you could contribute to this company's expansion. Starting a Jam Coding franchise will require you to invest a minimum of £19,950. At least £4,000 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.
The Home Based business sector currently has 30 new business investment opportunities. If you're still torn between different sectors, no problem! Point Franchise offers 236 franchising opportunities across a variety of sectors. Enjoy exploring your options.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.