Home Based Franchise opportunities to start in Hemel Hempstead

Thinking about living and working in Hemel Hempstead?

Hemel Hempstead, located in the East of England, has many opportunities for people looking to start their own business. There are many brands currently recruiting franchisees in the Dacorum area. This could mean working for yourself while receiving the comprehensive support of an established brand. If you already know which line of work you'd like to pursue, explore our franchise opportunities in that sector. If not, look around and see what other options catch your eye. We have businesses to suit all kinds of interests and career goals.

The Dacorum area has 154,000 residents. The most prevalent age group in the population is 40 to 59 years old. The region has 78,200 economically active people, representing 82.8% of the population, with an unemployment rate of 2.9%. This rate is significantly lower than the country's 4% national average. The region's average gross annual income of £32,443 is slightly higher than the average income of close to £31,000 across the United Kingdom.

The Home Based business sector could be the right choice for you

If the idea of running a business in the Home Based business sector appeals to you, take a look at the 30 brands currently recruiting franchisees in the field.

Three franchise business examples

If you're interested in the Home Based business sector, check out Recognition Express. To start your business, you will need an initial investment of £25,000. 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 generally be required. For Recognition Express, the minimum personal investment is £9,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Financial aid can be given in some circumstances.

Another option to consider is Right at Home. By joining its network of 49 franchisees, you could play a part in this brand's success. To open your own Right at Home franchise, you will need to invest £120,000, of which at least £40,000 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. Also, if you can't cover the startup costs alone, you may be able to benefit from financial assistance.

Lastly, another franchise worth considering is Computer Xplorers. In order to open a Computer Xplorers business, an affordable initial investment of £14,950 is required.

If you are interested in the Home Based business sector and would like to discover more franchising options, have a look at the 30 brands available in this sector. If you're still torn between different sectors, no problem! Point Franchise offers close to 250 franchising opportunities across many different sectors. Enjoy exploring your options.

NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.