Retail & Stores Franchise opportunities to start in Taunton
Taunton: A great location to start a business
Have you ever considered opening a franchise in Taunton? This could be your opportunity to manage your own business while benefiting from comprehensive training and marketing support, since many brands in the Tameside area are currently recruiting franchisees. We offer a number of realistic new business investment possibilities, so that you can find one you like.
Recent figures show that 225,000 people live in Tameside. When broken down by age group, the 40-59 age range is the most prevalent in the population. Unemployment affects 4% of the UK population. With a rate of 4.1%, unemployment in this area is in line with the national average. The economically active population amounts to 109,600 people, making up 78.2% of the population. The annual salary in the UK is £30,629 on average. The people of Tameside earn an average annual salary of £24,496, lower than the country's average.
Why open a business in the Retail industry?
Across the UK, there are 61 franchises in the Retail industry. There are three Toy Store franchises, three Fashion franchises, four Sweet Shop franchises, two Cosmetic franchises and three E Cigarette franchises offering franchising opportunities. You'll find options to suit many different career goals and aspirations. If you're interested in the Retail industry, you're not alone. In Tameside, 9,000 people currently work in the sector.
Eager to find out more? Here are three franchise business examples
If working in the Retail industry appeals to you, check out The Original Poster Company. First established in 1991, the company now has 29 years of experience, making it a leader in the field. By joining its current 70 franchisees, you would be joining a growing brand network. If you can't afford the startup costs on your own, you could find out if you qualify for financial aid.
Signorini TARTUFI is another successful business operating in the Retail industry. By joining its 31 franchises already in operation, you could contribute to this brand's expansion. Opening a Signorini TARTUFI business requires a significant initial investment of £90,000. If you plan on getting a loan to cover the startup costs, Signorini TARTUFI asks for a personal investment of at least £30,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. By investing in this established brand, you could be eligible for financial assistance.
As a final Retail franchise option, take a look at Noa Noa. The brand is developing, with 90 locations already in operation, and a desire to expand further. An investment in this franchise entitles you to financial aid, if eligible. Visit our website for details.
The Retail industry currently offers 61 new business investment opportunities. But you also have plenty of investment options in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.