The traditional sectors that make up the local economy of this county include agriculture, recreation food and tourism. Monmouthshire also has a thriving service industry, as well as being home to wholesale and retail, manufacturing and professional and scientific businesses. In addition, Monmouthshire has been named as the lead rural digital county in the Cardiff capital region. In October 2019, Mr. Electric opened its first franchise in Wales in Abergavenny, the county’s largest town.
There are numerous ways to make money running a business. Franchising is a way of running your own business, but with the training and support of an established national - or even international - company. There are hundreds of business opportunities that are classified as franchises operating in dozens of market sectors. Franchisors give full initial and ongoing training, so you don’t necessarily need any experience of the market you wish to enter. In addition, the success rate of franchises is many times greater than independent start-up businesses.