Home Based Franchise opportunities to start in Paignton
What can Paignton offer to new businesses?
Located in the South West, Paignton is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, check out our franchising possibilities in Torbay and take the first step towards running your own business. Browse our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to opening your own business.
The Torbay area has a population of 136,000 people. When broken down by age range, 60+ year olds represent the largest portion of the population. The 4.1% unemployment rate among the 59,400 economically active people in the area is in line with the national average. The local income averages £23,343 per year, which is lower than the just over £30,500 average income in the United Kingdom as a whole.
Why Home Based businesses appeal to franchisees
Are you interested in running your own business in the Home Based business sector? Have a look at our 30 franchise opportunities available in this field.
Three franchise business examples worth looking at
If you're interested in the Home Based business sector, take a look at Your Mortgage Plus. The brand is developing, with five locations already in operation, and a desire to expand further. To start your own Your Mortgage Plus franchise, you will need to invest £19,995, of which at least £9,995 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. By investing in this established brand, you could qualify for financial assistance.
The Home Based business sector has many brands worth considering. Have a look at Choice Home Tutoring. By joining its current four franchisees, you would be joining a growing brand network. To start your business, you will need an initial investment of £17,500. 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 typically be required. For Choice Home Tutoring, the minimum personal investment is £6,000. These relatively low startup costs make it a good option to pursue for first-time franchisees. You could also receive financial aid, if eligible.
Finally, another interesting franchising opportunity is Platinum Property Partners, which opened in 2012. The brand's network is important, counting 370 outlets across the United Kingdom.
There are currently 30 new business investment opportunities available in the Home Based business sector. Point Franchise has close to 250 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.