Home Based Franchise opportunities to start in Kingston upon Hull
Kingston upon Hull is waiting for you to begin a franchise business
If you want to start your own business, you may find that Kingston upon Hull has a lot to offer. Several companies are currently looking for franchisees in the East Riding of Yorkshire area. Read on to find out if running a franchise could be a good option for you! Exploring our selection of brands and sectors will allow you to pinpoint the type of business that is right for you.
According to recent census data, there are 340,000 people living in East Riding of Yorkshire. Residents aged over 60 years old have the highest concentration within the population. Unemployment affects 4% of the UK population. With a rate of 3.6%, unemployment in this area is lower than the national average. The economically active population amounts to 157,900 people, representing 81.8% of the population. Residents in the area earn £29,761 per year on average. This income is in line with the national average gross income, which reaches £30,629.
The Home Based business sector: An interesting opportunity for franchisees
There are 30 franchises in the Home Based business sector to choose from.
Three franchises that could interest you
There are many interesting franchising possibilities in the Home Based business sector. Take Aspray for example, a business that was first established in 2005. The company is now mature and a leader within the sector, having expanded its franchise community for 15 years. This brand is developing, counting 50 franchises across the country. Financial assistance is available for eligible franchisees.
Christies Care is another interesting franchising opportunity if you plan to invest in the Home Based business sector. By joining its two franchises already in operation, you could contribute to this brand's expansion. To start your business, you will need an initial investment of £63,000. If you intend to get 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 Christies Care, the minimum personal investment is £30,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You could also receive financial aid, if eligible.
Finally, if the Home Based business sector appeals to you, World Options is another option you could have a look at. By joining its network of 100 franchisees, you could play a part in this brand's success. To open your own World Options business, you will need an initial investment of £32,500. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
The Home Based business sector currently has 30 new business investment opportunities. With almost 250 franchising opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.