Home Based Franchise opportunities to start in Plymouth
Starting a new business in Plymouth
Plymouth, located in the South West, has many opportunities for people looking to start their own business. There are many brands currently recruiting franchisees in the Plymouth area. This could mean working for yourself while benefiting from the comprehensive support of an established brand. We offer a number of franchises to suit various budgets and career objectives. Have a look at our selection of businesses and sectors to see what might suit you.
There are 263,000 people in the Plymouth area. The majority of the population falls within the 20-39 age group. Unemployment affects 4% of the UK population. With a rate of 4.6%, unemployment in this area is slightly higher than the national average. The economically active population amounts to 129,300 people, making up 77.6% of the population. The United Kingdom's annual average income is just over £30,500. Salaries in Plymouth are lower in comparison, averaging £24,371 a year.
Why Home Based businesses appeal to franchisees
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 businesses worth reading about
If you like the idea of opening a business in the Home Based business sector, Agency Express could be an option for you. First established in 1998, the company now has 22 years of experience, making it a leader in the sector. By joining its network of 117 franchisees, you would become a part of a strong business community. Opening an Agency Express franchise will require you to invest a minimum of £24,500. At least £12,500 of this should come from your own personal investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Eligible candidates may apply for financial aid.
Computer Xplorers is another attractive brand operating in the Home Based business sector. You will need to invest £14,950 to start operating your own Computer Xplorers franchise, which is an affordable initial investment. By investing in this franchise, you may qualify for financial assistance.
Finally, Business Partnership is an interesting investment opportunity in the Home Based business sector. This brand is growing, counting 19 outlets in the UK. Starting a Business Partnership business requires an affordable initial investment of £34,000. If you plan on getting a loan to cover the startup costs, Business Partnership asks for a personal investment of at least £20,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Good to know: you won't need any premises as you can work from home.
There are 30 franchises waiting to be discovered in the Home Based business sector. On Point Franchise, there is plenty of choice in other sectors as well. We have 236 franchising opportunities in total to choose from.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.