Home Based Franchise opportunities to start in Bury
Bury: A great location to start a business
If you want to open your own business, you may find that Bury has a lot to offer. Several brands are currently looking for franchisees in the Huntingdonshire area. Keep reading to find out if running a franchise could be a good option for you! We offer a range of realistic new business investment opportunities, so that you can find one you like.
Recent figures show that 177,000 people live in Huntingdonshire. The age group with the highest concentration is 40-59. Unemployment affects 4% of the UK population. With a rate of 3.7%, unemployment in this area is in line with the national average. The economically active population amounts to 88,700 people, representing 82.3% of the population. Across the United Kingdom, the annual gross salary is close to £31,000 on average. In the area of Huntingdonshire, it is £32,122.
Why start a business in the Home Based business sector?
There are 30 brands currently recruiting franchisees in the Home Based business sector. If this sector appeals to you, check them out.
Take a look at three franchise business examples
If you're interested in the Home Based business sector, check out Bartercard UK. This brand is growing, counting 75 franchises across the country. This business opportunity requires an affordable initial investment of £6,000. 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. Bartercard UK requires a minimum personal investment of £2,000. These low startup costs make it a good option to pursue for first-time franchisees. By investing in this established brand, you could qualify for financial aid.
Ooh La La Beauty Bar is an interesting franchising opportunity in the Home Based business sector. There are five outlets open so far, and the network is expanding. In order to open an Ooh La La Beauty Bar business, an initial investment of £58,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Ooh La La Beauty Bar asks for a personal investment of at least £30,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business. You could also receive financial assistance, if eligible.
Lastly, another option worth considering is Autoremedy Vehicle Repair Service. Opening an Autoremedy Vehicle Repair Service franchise will require you to invest a minimum of £30,000. At least £9,999 of this should come from your own personal investment. 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.
If you would like to know more about franchise opportunities in the Home Based business sector, have a look through our 30 available options. You will find a total of 236 franchise options on Point Franchise. So if you are still looking for the perfect business opportunity, there are still plenty of options for you to explore.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.