Home Based Franchise opportunities to start in Exeter
Exeter: A great location to start a business
The Exeter area offers many interesting business opportunities. If you are interested in running your own business, you should consider franchising. This would allow you to work for yourself while benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Exeter. By exploring the sectors that appeal to you the most, you will find the brands that best suit your interests and business objectives.
The Exeter area has a population of 130,000 residents. Residents aged 20 to 39 years old have the highest concentration in the population. The local labour force consists of 70,900 people, or 79.5% of the total population. With an unemployment rate of 2.6%, recent data shows that employment in this area is significantly lower than in the rest of the UK. The average annual income across the United Kingdom is £30,629. With a gross salary averaging £26,426, residents of Exeter have a slightly lower salary than the national average.
Running a franchise in the Home Based business sector
If the idea of running a business in the Home Based business sector appeals to you, have a look at the 30 brands currently recruiting franchisees in the field.
Take a look at three franchise business examples
If you're planning to invest in the Home Based business sector, take a look at The Alternative Board. This brand is developing, counting 31 outlets across the UK. A total of £64,500, a reasonable initial investment, is required to open an Alternative Board franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £20,000 of the total investment should come from your personal funds. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. By investing in this franchise, you may qualify for financial assistance.
Veeno is an interesting franchising opportunity in the Home Based business sector. By joining its current eight franchisees, you would become a part of a growing brand network. To start your own Veeno franchise, you will need to invest £80,000, of which at least £35,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. An investment in this franchise entitles you to financial aid, if eligible.
Lastly, if the Home Based business sector appeals to you, Business Partnership is another option you could consider. The brand is expanding, with 19 franchises currently in operation, and a desire to expand further. This business opportunity requires a reasonable initial investment of £34,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Business Partnership requires a minimum personal investment of £20,000. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. Good to know: you won't need any premises as you can work from home. If you can't cover the startup costs on your own, you may be eligible for financial aid. See our website for more information.
The Home Based business sector offers many interesting franchising opportunities, including our 30 franchise options. With 236 new business investment opportunities to choose from across various sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.
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