Page 3 - Business Franchise Opportunities Hitchin

Is Hitchin a good place to become a franchisee?

If you'd like to run your own business but don't know where to start, a franchise might just be the answer. Hitchin, situated in the East of England, could be a good place to start as there are many brands currently recruiting franchisees in the North Hertfordshire area. We offer a number of franchises to suit different budgets and career objectives. Take a look at our selection of businesses and sectors to see what might suit you.

According to recent census data, there are 133,000 people in North Hertfordshire. The 40-59 age group has the highest concentration in the population. Unemployment affects 4% of the UK population. With a rate of 3.7%, unemployment in this area is in line with the national average. The labour force amounts to 68,400 people, representing 83.9% of the population. The average annual income across the UK is close to ?31,000. With a gross salary averaging ?35,383, residents of North Hertfordshire have a higher salary than the national average.

Why start a franchise in the Professional Services sector?

There are 41 brands offering franchise options in the Professional Services sector. The Professional Services sector is just one sector among many in the B2B Services sector. Its six Recruitment franchises, two Consulting franchises, three Legal & Solicitor franchises, three Media franchises and 27 B2B franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting business venture.

Check out three available franchise opportunities

If you're interested in the Professional Services sector, have a look at Bartercard UK. By joining its 75 franchises already in operation, you could contribute to this company's expansion. This business opportunity requires a reasonable initial investment of ?6,000. 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. Bartercard UK requires a minimum personal investment of ?2,000. 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 choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.

If the Professional Services sector appeals to you, Driver Hire is another option you could consider. In business since 1983, Driver Hire has been operating for 37 years and has gained many loyal customers as a result. This brand is developing, counting 100 outlets in the United Kingdom. An initial investment of ?40,000 will enable you to open 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. It is thus less appropriate for new investors. Financial aid can be given in some circumstances.

Finally, CPA Online could be another good option for you to invest in. The brand is growing, with 10 locations currently in operation, and a desire to expand further. A total of ?14,750, an affordable initial investment, is required to start a CPA Online franchise. You might want to consider getting a loan to cover the startup costs, in which case at least ?7,375 of the total investment should come from your personal funds. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Financial support is available for eligible franchisees. See our website for details.

The Professional Services sector offers 41 franchising options. At Point Franchise, we have 236 franchising opportunities available, giving you plenty to choose from in other sectors as well.