Nursery Franchise opportunities to start in Hertford
Hertford could be home to your new business
If you want to open your own business, you may find that Hertford has a lot to offer. Several companies are currently looking for franchisees in the East Hertfordshire area. Keep reading to find out if running a franchise could be a good option for you! We offer a number of franchises to suit different budgets and career objectives. Have a look at our selection of businesses and sectors to see what might suit you.
Approximately 148,000 people currently live in East Hertfordshire. The age group with the highest concentration is 40-59. The local unemployment rate of 1.9% is very low compared to the national average of 4%. The local labour force consists of 70,700 people, making up 77.1% of the population. Salaries in East Hertfordshire average £48,836 a year, while in the United Kingdom the average income is close to £31,000.
Investment options in Child Care services
Are you interested in Child Care services? You're likely to come across a franchise worth considering among nine brands across the country. Child Care services is a part of the Personal & Home Care Services sector. Other brands recruiting in this industry include 11 Handyman franchises, nine Preschool franchises, five Drainage franchises, two Electrical franchises and 17 Education franchises. Among these new business investment opportunities, there will likely be one that fits your career goals and aspirations. In the East Hertfordshire area, the Health Care sector provides work for 6,000 people.
Three examples of available franchise business possibilities
Computer Xplorers is a competitive brand operating in Child Care services. Starting a Computer Xplorers business requires an affordable initial investment of £14,950. You could also receive financial aid, if eligible.
Choice Home Tutoring is another interesting investment opportunity if you plan to invest in Child Care services. By joining its four franchises already in operation, you could contribute to this brand's expansion. You will need to invest £17,500 to start operating your own Choice Home Tutoring business, which is an affordable initial investment. Your personal investment should account for at least £6,000 of the total amount. These low startup costs make this a good franchising option for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance. See our website for details.
Child Care services have many brands worth considering. As a final example, take a look at Banana Moon. In business since 2010, there are 10 locations open so far, and the network is expanding. To start your business, you will need an initial investment of £60,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Banana Moon, the minimum personal investment is £47,500. It is thus less appropriate for new investors.
Many businesses are already operating in Child Care services. We currently have nine franchise opportunities available in the sector. If you're still torn between different sectors, no problem! Point Franchise offers 236 franchising opportunities across many different sectors. Enjoy exploring your options.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.