Page 3 - Business Franchise Opportunities Scunthorpe

Investing in Scunthorpe could be your next move

Would you like to run your own business? Scunthorpe, located in Yorkshire and the Humber, could be a good place to start. There are many brands currently recruiting franchisees in the North Lincolnshire area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. There are a variety of new business investment opportunities available based on your budget and career objectives. Have a look to find the brand that appeals to you most.

There are 172,000 people in the North Lincolnshire region. The majority of residents are aged over 60 years old. The 4.5% unemployment rate among the 77,600 economically active people in the area is slightly higher than the national average. North Lincolnshire has an average annual salary of ?26,193. This salary is slightly lower than the rest of the UK, which has an average income of just over ?30,500.

Why choose to work in the Professional Services sector?

If you would like to operate a Professional Services franchise, you are likely to find one that appeals to you among 41 available across the UK. This is just one of the sectors you could choose within the B2B Services sector. There are also two Business Coaching franchises, six Courier & Delivery franchises, seven Training franchises, 38 Management franchise and three Media franchises. Have a browse and see if any are a good fit for you.

Three franchises that could interest you

The Professional Services sector has many franchise options available, such as CPA Online. By joining its 10 franchise already in operation, you could contribute to this company's expansion. You will need to invest ?14,750 to start your own CPA Online business. At least ?7,375 of this affordable amount should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees. If you can't afford the startup costs on your own, you may be eligible for financial aid.

Take a look at Driver Hire, another attractive Professional Services franchise that launched in 1983. The brand's extensive experience, good reputation and wide exposure are valuable assets. By joining its current 100 franchisee, you would become a part of a growing brand network. To start your business, you will need an initial investment of ?40,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Driver Hire, the minimum personal investment is ?32,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.

Finally, Business Partnership could be another good option for you to invest in. The brand is expanding, with 19 location already in operation, and a desire to expand further. You will need an initial investment of ?34,000 to open your own Business Partnership 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 start a business in this sector. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Good to know: you won't need any premises as you can work from home. Also, if you can't afford the startup costs on your own, you may qualify for financial support. See our website for details.

Many businesses are already operating in the Professional Services sector. We currently have 41 franchise options available in the sector. If you are still not sure which sector best suits your needs, have a look through our range of 236 franchising opportunities across a variety of sectors on Point Franchise.