As the saying goes: you can never be too careful – and that’s where insurance comes in. In the UK, most of us recognise the importance of protecting our belongings, our vehicles and even ourselves in the event of the unthinkable happening, which is why we’re sensible enough to take out insurance policies.
The primary insurance sector is predicted to grow by 4.5% in the next year, and this means that new business opportunities are set to open up within the insurance industry. Insurance franchises cover a broad range of options, with the scope to offer anything and everything from health insurance to business cover. Some of the largest franchises in the world, including Aspray, Concept, WPA and Surface Medic have reported increased interest in franchises in recent months - customers are beginning to get more savvy and are checking every possible avenue for the best deal, which means the demand for business is increasing.
There’s never been a better time to consider opening an insurance franchise, and the entire process is easier than you may think. If you want the independence of running your own company coupled with the financial stability and marketing expertise of belonging to one of the world’s largest insurance businesses, a franchise could be the opportunity you’ve been looking for.
If you don’t relish the challenge of building a customer base from the very beginning, simply choose a franchise in the insurance industry – with years of brand recognition, you don’t need to worry about attracting customers. Instead, the customers will come to you. Opening a franchise in a small town is a great idea at the moment – smaller markets mean less competition, which ultimately means more business. Reduced rents in smaller areas can help your profits to go further, too.
What are you waiting for? If you’re ready for the next step towards independence, simply get in touch today!