Home Based Franchise opportunities to start in Peterborough
Opening a franchise business in Peterborough
You could start your own business by becoming a franchisee in Peterborough. There are a number of franchise options to choose from in Peterborough, located in the East of England. Check out our selection of brands and start managing your own business with a team behind you. Browsing our range of companies and sectors will allow you to pinpoint the type of business that is right for you.
The Peterborough area has 201,000 residents. The most prevalent age group in the population falls within the 20-39 age bracket. Unemployment affects 4% of the UK population. With a rate of 6.2%, unemployment in this area is slightly higher than the national average. The economically active population amounts to 98,700 people, representing 79.7% of the population. The average annual income across the United Kingdom is just over £30,500. With a gross salary averaging £26,549, residents of Peterborough have a slightly lower salary than the national average.
Could the Home Based business sector be the right choice for you?
Are you interested in the Home Based business sector? If so, there are 30 available brands to choose from across the UK.
Three franchise business examples
If you would like to invest in the Home Based business sector, Your Mortgage Plus could be a good option. By joining its current five franchisees, you would be joining a growing brand network. Starting a Your Mortgage Plus business requires an affordable initial investment of £19,995. If you intend to get a loan to cover the startup costs, Your Mortgage Plus asks for a personal investment of at least £9,995. For most franchises, this amount represents 30 to 50% of the total investment. These low startup costs make it a good option to pursue for first-time franchisees. By investing in this franchise, you may be eligible for financial assistance.
Have a look at Techclean, another interesting Home Based franchise. You will need to invest £19,500 to start operating your own Techclean franchise, which is a reasonable initial investment. Your personal investment should account for at least £6,000 of the total amount. Given these low startup costs, this option could be suitable for first-time franchisees. If you can't afford the startup costs on your own, you could see if you qualify for financial aid.
Lastly, Recognition Express is another attractive brand operating in the Home Based business sector. This business opportunity requires an affordable initial investment of £25,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Recognition Express requires a minimum personal investment of £9,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If you make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. Visit our website for more information.
The Home Based business sector currently has 30 franchising opportunities. You will find a total of almost 250 franchise opportunities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.