Page 3 - Business Franchise Opportunities Hemel-Hempstead

What to know before starting a business in Hemel Hempstead

Would you like to open a business in Hemel Hempstead, located in the East of England? Would you like to work for yourself but not on your own? If so, take a look at our franchising opportunities. On this page, you'll find several brands offering the training and support you need to run your own business in the Dacorum area. Browse our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to opening your own business.

There are 154,000 people living in the Dacorum region. Residents in the 40-59 age category make up the largest portion of the population. Dacorum has an unemployment rate of 2.9% within its labour force of 78,200 people. This rate is very low compared to the national average. Across the UK, the average gross salary is just over ?30,500. In the Dacorum area, it amounts to ?32,443.

Why the Professional Services sector might be a good option for you

Are you interested in the Professional Services sector? You're likely to come across a franchise worth considering among 41 brands in the United Kingdom. Bear in mind that the potential for exciting business plans in the B2B Services sector is not limited to the Professional Services sector. Other available investment options include six Sign franchises, two Consulting franchises, six Recruitment franchises, five Graphic Design franchises and 41 Business franchises. See if there's one to suit your career goals.

Have a look at these three business examples

Chrysalis Partners operates in the Professional Services sector. There are 10 outlets open so far, and the network is expanding. You will need an initial investment of ?34,950 to start your own Chrysalis Partners business. Your personal investment should account for at least ?20,000 of the total amount. You may want to think about getting a loan to open a business in this sector. These relatively low startup costs make it a good option to pursue for first-time franchisees. You could also receive financial assistance, if eligible.

Another possibility to consider is Business Partnership. The brand is expanding, with 19 locations currently in operation, and a desire to expand further. In order to open a Business Partnership business, a reasonable initial investment of ?34,000 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. Business Partnership asks for a personal investment of at least ?20,000. These low startup costs make this a good franchising option for first-time franchisees. Good to know: you won't need any premises as you can work from home. Also, if you can't cover the startup costs alone, you may be able to benefit from financial aid.

As a final Professional Services franchise option, check out Driver Hire. Launched in 1983, Driver Hire has been operating for 37 years and has acquired many loyal customers as a result. By joining its network of 100 franchisees, you could play a part in this brand's success. An initial investment of ?40,000 will enable you to start your own Driver Hire business. In most cases, your personal investment should represent 30 to 50% of the total amount. Driver Hire requires you to personally invest at least ?32,000. You could potentially get a loan to cover the remaining costs. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. If you can't afford the startup costs on your own, you may qualify for financial aid. Visit our website for more information.

If you are considering running a franchise business in the Professional Services sector, you might be interested to explore our 41 available brands. If you're interested in exploring franchising opportunities in other sectors, Point Franchise offers 236 brands to pick from.