Chichester with its 12th century cathedral is home to some of the oldest churches and buildings in Britain. The cathedral city of Chichester is West Sussex is a transport hub and a centre for culture with a theatre, museum and art galleries.
Outdoor pursuits can be found at Chichester Harbour. The population of Chichester is approximately 117,000 people. The population in Chichester itself is older than West Sussex as a whole.
No matter which city a person is visiting, there are numerous coffee options and even the best hotels have a coffee machine franchise. Coffee is big business and approximately £8 billion a year is turned over in UK coffee shops.
Research coffee shop options and discover the minimum investment level realistically starts around £50,000. If we want to look at the other end of the scale at those that cost less than £15,000 or low cost, ones then we could consider new ones for example new education franchises that cost less than £10,000.
We Brits love our pets and with a booming pet industry it is possible to invest in dog or pet opportunities with low cost new options from anywhere just under £1000 to around £40,000.
Approximately 40 per cent of UK households are pet owners so research a pet store or pet care version to invest in this industry.
Another surprisingly affordable business relates to services. A service type can be anything from IT support with an it services franchise supporting local businesses with marketing, PR or financing.
If you want to use your existing skills to service the local community then research service options, or a home service type.
For a business minded individual looking to invest in new ones then the first place to start is with your budget to see exactly what franchise fee is affordable to you.
Often the company owner has in-house financing or third party financing options. Some banks have their own department as they prefer to lend to a new franchise business over a stand-alone, independent business. Statistics show that they are more likely to still be in business after five years where independent business owner is not.
The best opportunities will be the ones where the new franchisee has a passion for the industry. Whether it is coffee, pet or any other new ones, take the time to do your research and due diligence.
Why not take a moment right now to fill in your details on the form above and receive expert advice and guides to assist with your due diligence. Use our free service to find the business that best suits what you are looking for – approvedfranchises.co.uk.