Business Franchise opportunities to start in Hertford
Hertford: A great location to start a business
If you'd like to run your own business but don't know where to start, a franchise might just be the solution. Hertford, situated in the East of England, could be a good place to start as there are many businesses currently recruiting franchisees in the East Hertfordshire area. Exploring our range of companies and sectors will allow you to pinpoint the type of business that is right for you.
East Hertfordshire has a population of approximately 148,000 people. The most prevalent age group in the population is 40 to 59 years old. Approximately 70,700 people are economically active in the area, representing 77.1% of the population. The unemployment rate (1.9%) is very low compared to the national average (4%). Residents of East Hertfordshire have an annual average income of £48,836. In comparison, the average gross salary in the United Kingdom is just over £30,500.
Why open a franchise in the Professional Services sector?
Are you interested in the Professional Services sector? You're likely to come across a franchise worth considering among 41 brands in the UK. The Professional Services sector is just one example of the options available in the B2B Services sector. Other opportunities include six Recruitment franchises, 38 Management franchises, five Graphic Design franchises, three Legal & Solicitor franchises and seven Training franchises. Have a browse, the perfect investment opportunity for you could be a few clicks away.
Check out three available franchise options
CPA Online is a competitive business operating in the Professional Services sector. Starting a CPA Online franchise will require you to invest a minimum of £14,750. At least £7,375 of this should come from your own personal investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. By investing in this franchise, you may be eligible for financial assistance.
Another brand worth considering is Driver Hire. First launched in 1983, Driver Hire has gained substantial customer loyalty over its 37 years in business. The brand is developing, with 100 outlets already in operation, and a desire to expand further. You will need to invest £40,000 to begin operating your own Driver Hire business. Your personal investment should account for at least £32,000 of the total amount. Due to the higher startup costs, this option is not advisable for first-time franchisees. If you can't afford the startup costs on your own, you may qualify for financial aid.
Finally, Bartercard UK is an interesting franchising opportunity in the Professional Services sector. By joining its network of 75 franchisees, you could contribute to this brand's success. A total of £6,000, an affordable initial investment, is required to start a Bartercard UK franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £2,000 of the total investment should come from your personal funds. 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 make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. Visit our website for details.
The Professional Services sector currently offers 41 franchising opportunities. At Point Franchise, we are proud to offer almost 250 franchise options across many sectors, helping you find the perfect business opportunities for you.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.