Page 3 - Business Franchise Opportunities Edinburgh

What to consider when opening a franchise in Edinburgh

If you want to open a business in˜Edinburgh, working for yourself but not on your own, then check out our franchising opportunities in Scotland. On this page, you will find a range of brands to choose from for becoming a franchisee in the Edinburgh area and across the UK. By exploring the sectors that appeal to you the most, you will find the franchises that best suit your interests and career goals.

The population of Edinburgh is made up of 527,600 residents. Residents aged 25-44 years old make up the majority of the population. Unemployment affects 4% of the UK population. With a rate of 4,3% ,unemployment in this area is in line with the national average. The labour force amounts to 285,700 people, representing 77.9 % of the population. Across the UK, the annual gross income is close to ?31,000 on average. In the area of Edinburgh, it is ˜? 38,134.

The Professional Services sector: An interesting opportunity for franchisees

In the United Kingdom, there are 41 franchises recruiting in the Professional Services sector. The Professional Services sector is part of the B2B Services sector which offers a wide selection of interesting options. These include three˜Legal & Solicitor franchises, five Graphic Design franchises, 38˜Management franchises, six Recruitment franchises and 27˜B2B franchises. See if any catch your eye.

Have a look at three franchise business examples

CPA Online operates in the Professional Services sector. By joining its current 10 franchisees, you would become a part of a growing brand network. This business opportunity requires an affordable initial investment of ?14,750. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. CPA Online asks for a minimum personal investment of ?7,375. These low startup costs make it a good option to pursue for first-time franchisees. CPA Online provides comprehensive training and support to help you build a successful business of your own.

There are many interesting franchising possibilities in the Professional Services sector. Take Driver Hire for example, a business that was first established in 1983. Driver Hire is a recognized leader in the sector, with 37 years of experience under its belt by joining its network of 100 franchisees, you could play a part in this brand's success. Opening a Driver Hire business requires an initial investment of ?40,000. At least ?32,000 should come from your own personal investment. It is thus less appropriate for new investors. If you feel uncertain about starting your own business, you may feel more secure in taking on a franchise. Driver Hire can support you with comprehensive training and assistance to help your business reach its full potential. What's more, financial support is available for eligible franchisees.

As a final Professional Services franchise option, take a look at Bartercard UK. By joining its 75 franchise already in operation, you could contribute to this company's expansion. In order to open a Bartercard UK business, a reasonable initial investment of ?6,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Bartercard UK requires a personal investment of at least ?2,000. Given these low startup costs, this option could be suitable for first-time franchisees.

The Professional Services sector currently has 41 franchising opportunities. If this sector doesn't suit your needs, don't worry. Point Franchise offers close to 250 franchise options across a variety of sectors to help you find your perfect business opportunity.