Home Based Franchise opportunities to start in Reading
What to consider when opening a business in Reading
If you're thinking about running your own business in Reading, located in South East England, you should explore franchising options. Several companies are currently recruiting in the Reading area. As a franchisee you could manage your own business while benefitting from comprehensive support. Keep reading to see 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 Reading area has a population of 163,000 residents. The population's most prevalent age group is made up of 20-39 year olds. The local labour force consists of 90,700 people, or 81.7% of the total population. With an unemployment rate of 3%, recent data indicates that employment in this area is lower than in the rest of the UK. Across the United Kingdom, the annual gross income is close to £31,000 on average. In the region of Reading, it averages £32,730.
Why the Home Based business sector might be a good option for you
Are you interested in the Home Based business sector? If so, there are 30 available franchises to choose from across the United Kingdom.
Three franchises that might interest you
If working in the Home Based business sector appeals to you, have a look at Autoremedy Vehicle Repair Service. An affordable initial investment of £30,000 will enable you to start your own Autoremedy Vehicle Repair Service business. In most cases, your personal investment should represent 30 to 50% of the total amount. Autoremedy Vehicle Repair Service requires you to personally invest at least £9,999. You could potentially get a loan to cover the remaining costs. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If you can't afford the startup costs on your own, you may qualify for financial aid.
Choice Home Tutoring could be another good option for you to invest in. The brand is developing, with four locations already in operation, and a desire to expand further. In order to start a Choice Home Tutoring business, a reasonable initial investment of £17,500 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Choice Home Tutoring asks for a personal investment of at least £6,000. These 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 able to benefit from financial assistance.
As a final example, take a look at Christmas Decorators. Initially established in 2007, Christmas Decorators has proved itself to be a successful business and leader in the sector in its 13 years since opening. By joining its network of 40 franchisees, you could contribute to this brand's success. To open your own Christmas Decorators business, you will need an initial investment of £25,000. These relatively low startup costs make it a good option to pursue for first-time franchisees. By investing in this franchise, you may be eligible for financial support. See our website for details.
The Home Based business sector offers many interesting investment opportunities, including our 30 franchise options. If you're interested in exploring business options in other sectors, we've got a total of 236 franchising opportunities to choose from on Point Franchise.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.