Worcestershire has a population of around 588,000 and an economy that’s estimated to be worth £11 billion annually. It’s home to Gtech, a manufacturer of cordless home and garden appliances; the Malvern Hills Science Park; and an engineering centre of excellence in Redditch. The county is famous for Worcestershire sauce, a condiment made by Lea & Perrins. Franchises in the area include Subway, TaxAssist Accountants and Kingsmaid Domestic Cleaning.
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.