Home Based Franchise opportunities to start in Portsmouth
Portsmouth: A great location to start a business
The franchising options in Portsmouth, located in the South East of England, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to discover which brands you could work with in Portsmouth. We offer a range of realistic new business investment possibilities, so that you can find one you like.
Recent figures show that Portsmouth has a population of 215,000 people. The most prevalent age group in the population is 20 to 39 years old. Approximately 106,700 people are economically active in the community, representing 73.9% of the population. The unemployment rate (4.1%) is comparable to the national average (4%). For the Portsmouth area, the average income is £25,913, which is slightly lower than the UK average salary of just over £30,500.
Could the Home Based business sector be the right choice for you?
Across the United Kingdom, there are currently 30 opportunities to open your own franchise in the Home Based business sector.
Three brands worth your attention
Moonstone Day Care is an interesting franchise operating in the Home Based business sector. The brand is developing, with five outlets already in operation, and a desire to expand further. You will need an initial investment of £100,000 to start your own Moonstone Day Care franchise. Your personal investment should account for at least £40,000 of the total amount. You may want to think about getting a loan to open 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. By investing in this franchise, you may qualify for financial assistance.
Another opportunity worth considering is Inleaf. This brand is growing, counting three locations across the country. To start your business, you will need an initial investment of £42,750. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Inleaf, the minimum personal investment is £22,750. Given these low startup costs, this option could be suitable for first-time franchisees. Eligible candidates may apply for financial aid.
Lastly, take a look at Jam Coding, another competitive Home Based franchise. There are one location open so far, and the network is expanding. Starting a Jam Coding business requires a reasonable initial investment of £19,950. If you intend to get a loan to cover the startup costs, Jam Coding asks for a personal investment of at least £4,000. For most franchises, this amount represents 30 to 50% of the total investment. These low startup costs make it a good option to pursue for first-time franchisees. You may be eligible for financial aid. See eligibility details on our website.
The Home Based business sector offers 30 franchising opportunities. But you also have plenty of investment options in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.