Local Franchise Opportunities in Norwich
Why launch your franchise in Norwich?
Norwich is the capital of East Anglia and caters for many varying businesses that are all prospering in the territory that is Norwich.
Norwich has seen many businesses within the Food, agricultural, gardening, insurance and business support excel within this prosperous franchise territory. Norwich is also seen as the ‘gateway’ to both the traditional and green energy firms that are based on the nearby coastline of the North Sea and the impressive offshore wind cluster.
As previously mentioned, Norwich and the surrounding areas have always been linked to agriculture, food and drink and the list of Norfolk and Suffolk’s biggest companies by turnover once again underlines the power of the food, drink and agriculture sector, which contributed nearly one-third of the £20bn revenue total – the first time it has reached the milestone.
It’s also reassuring for the Norfolk region that the big companies are still employing, turning over more and making profits, as it gives Norwich greater credibility. On top of this, there has also been an emergence of the ‘tech scene’ and networks such as SynNorwich are in the midst of developing the technology community within Norwich and TechEast is currently progressing through a 4-year campaign to enhance the digital economy.
Further to this, one major reason for seeking to launch your franchise within this territory are the low rental rates compared to the national average, making it more accessible to acquire office space for your franchise business. Norwich is ranked highly when it comes to number of new starts up and also has one of the best survival rates within the country for new start-ups.
Travel Links from Norwich
There’s no getting away from the fact that Norwich is remotely positioned on the east of the United Kingdom, and with its lack of motorways, it can prove rather difficult to commute to and from. One huge benefit is the large Train Station that runs to all major cities and towns and the Norwich International Airport which is only a 5-minute drive from the city centre. Despite the lack of motorway within Norfolk, you can still make it to London within 2 hours via car and 1 hour 45 mins via train, with plans in place to decrease the train travel time further.
Access to staff and graduates within the region
If you’re seeking to launch your franchise within Norwich or the surrounding counties, then you can count on the regions major higher education system that is held in high esteem by both students and employers alike. The University of East Anglia provides a whole host of businesses with bright, sector specific talent on both post graduate schemes and full-time employment. The University of East Anglia is ranked within the top 20 of The Guardians University League table and an impressive 71% of graduates from the regions top university find access to employment within the first 6 months of graduating. Businesses looking for creative or artistic talent also have the students of Norwich University of the Arts to draw on. This well-regarded arts school offers courses in subjects such as graphic design, illustration, photography and fashion. The Norwich University of the Arts is situated within the City Centre and provides many of the media-based businesses and franchises with key staff.
Business Support within Norwich
As well as being a good source of local talent, the university of East Anglia also offers a range of support services and benefits for local businesses and franchises, which include funding opportunities, recruitment, CPD and training, and business partnerships.
The New Anglia LEP was set up to help direct businesses to a range of support and funding opportunities to aid the growth and development of their respective business. Support is actually set to increase too, it was announced that New Anglia has secured one of the government’s new enterprise zone sites across Norfolk and Suffolk.
Tech businesses are also in good company; earlier this year – 2017 – it was announced that Norwich would have its very own tech accelerator programme. Ran in partnership with Barclays, the TechVelocity accelerator intends to act as a beacon for “the region’s best digital talent”
Other initiatives to help support the growth of new businesses within Norwich include the ‘Enterprise Norfolk” scheme that offers FREE classes and workshops to support those individuals seeking to launch an online business or franchise. There is also the Norwich Enterprise Centre that was set up to ensure it provided entrepreneurs, start-ups and local businesses/franchises with all the information and support with their growth plans.
Locations to launch my Franchise in Norwich
Norwich hosts many business parks including the lucrative ‘Broadlands Business Park’, located just off the main A47 and around 5 minutes’ drive from the city centre. Companies such as Aviva, HSBC, RBS and TaxAssist Accountants all call this park home. Other Business parks within the Norwich area include;
- Norwich Business Park
- St Andrews Business Park
- Octagon Business Park
- Henderson Business Centre
- Longwater Business Park
On top of this, there is also the popular Norwich Market that hosts modern market stalls (all undercover) and provides the perfect location for a coffee or food franchise opportunity.
If you’re seeking to launch your franchise then the Norwich franchise territory should be considered as it covers key travel links, great business facilities, great access to staff and fantastic business support and funding opportunities to help you really push your franchise.
Please click here to view other franchise opportunities within Norwich
