Home Based Franchise opportunities to start in Braintree
Thinking about living and working in Braintree?
Located in the East of England, Braintree is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, take a look at our franchising options in Braintree and take the first step towards managing your own business. We offer a number of franchises to suit various budgets and career goals. Have a look at our range of brands and sectors to see what might suit you.
There are 152,000 people in the Braintree area. The majority of the population falls within the 40-59 age category. Approximately 74,000 people are economically active in the region, representing 80.4% of the population. The unemployment rate (4.5%) is high compared to the UK average (4%). Residents in the area earn £32,518 per year on average. This income is slightly higher than the country's average gross income, which reaches just over £30,500.
Why open a franchise in the Home Based business sector?
There are 30 UK-based franchises available in the Home Based business sector.
Take a look at three franchise business examples
If you plan to invest in the Home Based business sector, The Beautiful Method could be a good option. The brand is developing, with three outlets currently in operation, and a desire to expand further. In order to start a Beautiful Method business, an affordable initial investment of £18,120 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. The Beautiful Method asks for a personal investment of at least £10,000. These relatively low startup costs make it a good option to pursue for first-time franchisees. By investing in this established brand, you could be eligible for financial aid.
Business Partnership is another successful brand operating in the Home Based business sector. There are 19 locations open so far, and the network is expanding. You will need an initial investment of £34,000 to open your own Business Partnership business. Your personal investment should account for at least £20,000 of the total amount. You may want to think about getting a loan to start a business in this sector. These relatively low startup costs make it a good option to pursue for first-time franchisees. Good to know: you won't need any premises as you can work from home. If you choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
As a final example, check out Entrepreneurs Circle Coaching Licence. The brand's network is made up of 102 franchisees, which enhance its exposure. Initially, you would need to invest £4,999 to get your own Entrepreneurs Circle Coaching Licence business up and running. These low startup costs make it a good option to pursue for first-time franchisees. You could also receive financial aid, if eligible. See our website for more information.
Opening a business in the Home Based business sector has great potential. If you're interested, explore our 30 available opportunities. Point Franchise offers a total of 236 franchising options across many different sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.