What Equipment Is Needed To Work Remotely?
The UK economy has gained pre covid levels again and is on the rise. While we still see the impact of the pandemic and Brexit in the rising energy and commodity prices as well as a supply and labour shortage, the caused inflation reaches its peak at the beginning of 2023 and starts to slowly decline afterwards again.
UK Regions By Gross Value Added
The region's gross value added is the value generated by any unit that produces goods or services. While it isn't a measure of regional productivity, it helps when comparing regions of different sizes and finding out where the most businesses or biggest enterprises are and how the wealth is contributed within the UK.
The office of National Statistics regularly releases datasets showing the UK regional gross value added by different comparison measures.
This statistic reveals, for example, that against all expectations, one of the areas with the highest city-regions chained volume measures is the South of Scotland by manufacturing wood, petroleum, chemicals and minerals.
England Counties By Gross Value Added
For a small business, the Gross Value added is a good measure to find out where to open their brick and mortar shop. While it can be challenging to find customers with too much competition around, as could be the case in London, opening a business on pure farmland with nobody around for the next 10 miles isn't beneficial either.
Lancashire, for example, has a generally low GVA value. The national average GVA per head of Lancashire is 13,000 compared to the national average of 17,200. When opening a store or trying to find business customers, instead of giving up on Lancashire completely, it now makes sense to go one step further and check the city's gross value added.
UK Cities/Metro Areas By Gross Value Added
It is not a surprise that London plays a significant role in its contribution to England's gross value added. With an average of £468,107m gross value added, it has a 27.5% share of the GVA of the entire UK.
Besides London, predominantly urban areas make the most significant contribution to England's GVA, explaining why Lancashire's GVA is relatively low, having plenty of small villages and farmland instead of big cities like Manchester or London.
Why Are UK-Wide Package Delivery Services Profitable For Courier Delivery Franchises?
These areas with an immense gross value added automatically need more supplies to cover their demand. Offering UK wide, as well as international, package delivery. Besides addressing the supply chain issues, as a courier delivery franchise offering UK wide package deliveries, you can also target small E-commerce businesses that regularly need to ship UK-wide to their customers.
World Options Franchising
A Non-Geographic Franchise Model
Making deliveries yourself can be exhausting and limits you. If you are based in Lancashire and try to target customers in London, having your own trucks to do deliveries can be exhausting and a slow process until you make a profit. As a World Options franchisee, you can work wherever, whenever, with whoever you want.
With the inflation rates, commodity and energy prices being high and the supply chain being hurt, offering small and medium-sized businesses a way to save time and money as well as deliver their crucial supplies helps to boost the UK economy further back up.
You profit from the high demand for shipping solutions during the supply shortage and Brexit related import changes and profit from a flourishing economy as well by delivering the goods of small businesses in the UK. The more businesses in the UK, the more potential customers.
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