Derby is very much considered a centre for industry, engineering, railway, aerospace and automotive but Derby also has a number of other attractions for visitors. Cathedral Quarter, Derby Cathedral, Derby Gaol, Derby Silk Mill, museums, theatres and art galleries to name a few. There are three main shopping areas; there is Intu Derby, an indoor shopping centre, the Cathedral Quarter and St Peters Quarter.
Master Franchise
With a population of over 250,000 people and all of these shopping areas and other areas of interest, the best Ale Houses, the Winter Beer Festival and being close to the Peak District, there is a huge variety and opportunities for investing in yourself and your own business.
Take for example master franchise opportunities. Taking on master investments is a huge commitment not only for you but to your family and to the business owner.
When researching the right master type, it is ideal to have previous franchise ownership, management experience and/or knowledge of the industry. The brand owner will expect this plus of course investors to have sufficient funds to develop a network of franchises.
Business opportunities
Not everyone of course wants to start out this big. It is possible to invest in new ones, including low cost new types. Consider new education or b2b business opportunities.
Someone with a background in education has the opportunity to invest in online education or b2b, servicing large organisations that outsource their staff training obligations. The best b2b ones supply other businesses with products and services and can create continued and growing revenues.
Another avenue to investigate for low cost categories is recruitment, for sale under £20,000. For a business minded person with management or administrative experience then a recruitment manager could be a very lucrative option.
A recruitment agency franchise can recruit and place staff in many areas including care homes, hospitals, drivers and logistics, offices and the hospitality industry.
How about a courier opportunity? Delivery is big business now with more and more people shopping online. People are too busy to get out and do the legwork but they still want to receive their items the same day, if not by next day delivery.
Research a courier franchise if your budget is around the £30,000 investment level. According to the NatWest Franchise survey published in January 2016 banks are more likely to lend to a new business than an independent business as they have more chance of success with a proven business model to follow and support from the owner of the brand.
Often the owner can assist with in-house finance or third party finance. Some banks have their own department.
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