Home Based Franchise opportunities to start in West Bridgford
What to know before starting a franchise in West Bridgford
West Bridgford, located in the East Midlands, offers a number of new business investment opportunities, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Rushcliffe area. Browsing our range of companies and sectors will allow you to pinpoint the type of business that is right for you.
Approximately 118,000 people currently live in Rushcliffe. When broken down by age group, 40-59 year olds represent the largest portion of the population. Unemployment affects 4% of the UK population. With a rate of 2.6%, unemployment in this area is significantly lower than the national average. The labour force amounts to 57,700 people, making up 83.3% of the population. The annual income in the United Kingdom is close to £31,000 on average. The people of Rushcliffe earn an average annual salary of £37,873, significantly higher than the country's average.
The Home Based business sector and its franchising options
There are 30 brands currently recruiting franchisees in the Home Based business sector. If this sector appeals to you, check them out.
Read about these three brands to see what franchise opportunities exist
The Home Based business sector offers a variety of brands to choose from, including Christmas Decorators. Launched in 2007, the company now has 13 years of experience, making it a leader in the field. By joining its 40 franchises already in operation, you could contribute to this brand's expansion. Opening a Christmas Decorators business requires an initial investment of £25,000. These low startup costs make it a good option to pursue for first-time franchisees. Financial assistance can be given in some circumstances.
The Home Based business sector has many brands worth considering. Take a look at Right at Home. This brand is expanding, counting 49 locations in the UK. To start your business, you will need an initial investment of £120,000. 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 Right at Home, the minimum personal investment is £40,000. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Finally, another interesting investment opportunity is Aspray, which has been in business since 2005. The company is now mature and a leader within the sector, having grown its franchise community for 15 years. There are 50 outlets open so far, and the network is expanding. If you can't cover the startup costs on your own, you may be eligible for financial aid. See eligibility details on our website.
There are currently 30 franchising opportunities available in the Home Based business sector. Whether you've already made the decision to invest or are still weighing your options, it's worth exploring different sectors. At Point Franchise, we have a total of close to 250 franchising opportunities to help you find the right fit.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.