In the UK, a great many of us will work a staggering 90,000 hours during our lifetime and, in an ideal world, we’d all have jobs that are rewarding and fulfilling.
Sadly, this isn’t always the case – something which is highlighted by the fact that, in a recent study, 64% of working adults in the UK said that they would like to start their own business; so, what’s stopping them?
Lots of people tend to see the idea of starting their own business as unattainable due to the expense and risk involved, however, in 2021, going it alone is more accessible than ever.
Franchising allows people to get started with their own business for a relatively small financial output and has tons of benefits including access to an established brand and ongoing support from the franchisor. This business model provides a path to freedom for hundreds of UK workers every year and, in this article, we’re going to take a look at the 14 best small business opportunities for 2021.
The UK is a house proud nation and, there will always be a market for great home improvement companies such as Kitchen Makeovers which, as the name suggests, is all about sprucing up one of the most important rooms in the house. Individuals can get on board with Kitchen Makeovers for just £12,500+vat and government funding is available to help with this initial fee.
Converting a loft into an extra room can significantly increase the value of a property as well as providing an extra bedroom or office space and, Access4Lofts is one of the UK’s leading lights in the loft business. You can get your hands on an Access4Lofts franchise with funding support and, with this opportunity, successful franchisees tend to see profits of up to 40% within the first six months of trading.
In 2021, upskilling and reskilling is the name of the game and, Pitman Training is one of the oldest and most successful training providers for private and public customers and corporate clients. You don’t need any teaching skills or qualifications to start your Pitman Training franchise but you will need around £40,000 in start-up fees – which will bag you profits of between £100,000 and £200,000 within your first year.
For businesses, a website is the equivalent of a shop window in terms of showcasing their products and services and, most brands are more than happy to pay well for a professional, SEO friendly site. It’seeze is a front runner in the UK website building market and, you can grab your own slice of this pie for just £14,000.
Every business, sole trader and freelancer in the UK is subject to income tax and most are looking for a reliable and affordable professional to take this tiresome task off their hands – this is where TaxAssist Accountants comes in. Future proof and recession-proof, TaxAssist Accountants is a thriving business offering tax services to the UK and, you can get hold of your own franchise with a minimum fee of £39,950.
If fitness is your passion, a GYMGUYZ franchise may just be the right one for you. Providing in-home, on-site and virtual training, GYMGUYZ offers customers a unique way of fitting their work out into their busy schedules. A GYMGUYZ franchise will cost you £35,000 and you can expect to see profits of between £70,000 and £80,000.
I’m sure I don’t need to tell you that online food delivery is big news in 2021 and, as such, LocalEats offers one of the fastest-growing franchise opportunities in the UK right now.
The Local Eats franchise allows you to start up your own online food ordering service (don’t worry, you don’t need to be overly techy for this) and, the company even offers funding support to help you with the required initial fees of £6000, after which, LocalEats can net you around £70,000 in profit every year.
England is known for being a green and pleasant land and, we Brits do enjoy having an attractive garden to relax in. More and more people are investing in the services of a professional garden company in order to keep their outside space looking immaculate and, TruGreen is a rising star in this arena. A TruGreen franchise can be yours for just £8,400 and, the company offers ongoing support to keep you on the right track.
Our pets are a part of the family and, as such, we want the best for them. The Husse franchise is a supplier of high-quality food that pets love and has a turnover of £4 billion – the great news is that you can get yourself a piece of this for an initial financial investment of just £7,900, making this a fantastic opportunity with great longevity.
You can, quite literally, clean up with this franchise opportunity. For just £16,750, you can get on board with the Time For You franchise in your area. It’s estimated that, within two years, Time For You franchisees can see a profit of over £65,000.
ChipsAway helps to keep the UK moving with its SMART car repair and, you can put yourself in the driver’s seat with a ChipsAway franchise for just £15,000 in initial fees. Available across the UK, ChipsAway offers ongoing support to its loyal franchisees.
Incredibly, it’s estimated that around 40% of renovations end in disputes due to escalating budgets and missed deadlines which is largely because the renovation market is highly fragmented and disorganised. That’s where the Refresh Renovations franchise comes in. Refresh Renovations are the global leaders in home renovations. Their processes and systems make it easy for homeowners to have an affordable and low-stress renovation experience.
They say that property is always a great investment and, even if you’ve never thought that you’d be able to get into this lucrative market, The No Letting Go franchise allows you to do just that for an initial investment of £17,950. This modern, forward-thinking company offers great support and promises some pretty impressive returns – fast!
According to the Royal Mail, in 2018, the subscription box market in the UK was expected to reach £1 billion by 2022. Established in 2020 My Local Farm Box offers fresh, local, seasonal produce in a weekly, fortnightly or monthly subscription box. Produce is bought directly from local, sustainable ethical producers and sourced, packed and delivered by local foodie experts, also known as my local farm box franchisees.
When it comes to UK franchise opportunities, there really is something for everyone – and it’s pretty easy to find an opportunity in an area that interests you.
It’s absolutely possible to make a significant amount of money with franchising, even in your first year and, you’ll usually receive help and support from your franchisor as it’s in their interests that you do well.
When considering a franchise opportunity, it’s important to read the agreement carefully and, where possible, to have a solicitor check it out for you before you commit.