Home Based Franchise opportunities to start in King's Lynn
Investing in a franchise in King's Lynn
Discover the opportunities waiting for you in King's Lynn, situated in the East of England. On this page you'll find a selection of brands recruiting franchisees in the King's Lynn and West Norfolk area. Franchising is an opportunity to manage your own business, complete with training and marketing assistance. By browsing the sectors that appeal to you the most, you will find the brands that best suit your interests and business objectives.
Recent figures show that King's Lynn and West Norfolk has a population of 152,000 people. The most prevalent age group in the population falls within the 60+ age bracket. The local unemployment rate of 3.2% is below par compared to the national average of 4%. The local labour force consists of 69,100 people, making up 80.9% of the population. Residents of King's Lynn and West Norfolk have an annual average salary of £25,049. In comparison, the average gross income in the UK is £30,629.
The Home Based business sector and its business options
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 sector.
Three brands worth your attention
Seniors Helping Seniors operates in the Home Based business sector. The franchise's network is significant, counting 300 locations across the UK. Good to know: you won't need any premises as you can work from home.
You could also consider Business Partnership. There are 19 outlet open so far, and the network is expanding. A reasonable initial investment of £34,000 will enable you to open your own Business Partnership business. In most cases, your personal investment should represent 30 to 50% of the total amount. Business Partnership requires you to personally invest at least £20,000. You could potentially apply for a loan to cover the remaining costs. 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. Financial aid can be given in some circumstances.
Lastly, if the Home Based business sector appeals to you, Moving Home Made Easy is another option you could have a look at. This business requires an initial investment of £70,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Moving Home Made Easy business is £35,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. If you can't afford the startup costs on your own, you could find out if you qualify for financial aid. Visit our website for details.
There are currently 30 available investment opportunities in the Home Based business sector. Check out these brands to see if there's a good fit for you. With almost 250 new business investment opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.