Auditel helps its franchisees expand

Auditel franchise
Auditel Providing strategic cost management to businesses

Auditel is the UK and Irelands leading provider of strategic cost management

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01/08/2018 08:00 | Business & B2B Services

Auditel has been sharing its expertise on when franchises may be ready for expansion or further recruitment.

When first establishing a business, it can be difficult to tell when things are stable enough to warrant recruiting staff. So, the strategic cost management franchise has been sharing the story of franchisee David Kendall from Leamington Spa.

Kendall established his branch in 2011 but recently employed Polly Coleman to enable him to take the franchise from strength to strength. The two now have a fantastic working relationship and plan to grow the franchise even further, but Davids story shows how certain factors might push franchisees towards recruiting employees.

The first thing that Auditel points out is to evaluate the number of clients (or potential clients) you have and to see if your workload is outweighing the hours in the day. The company advise that if youre unable to keep up with growing business or find that youre turning away potential new customers, it could be time to think about taking on staff for your franchise. Auditel offers advice and assistance with finding dedicated and knowledgeable staff for each franchise, so franchisees can be sure theyll find employees that share their vision.

The strategic cost management franchise also warned its franchisees to watch out for spikes in business and to not confuse them with sustainable growth. Franchisees can seek assistance from Auditels business mentors for more confusing things such as business costs to ensure theyre financially stable before recruiting staff. It advises that when franchisees seek advice from Head Office, theyre never alone when making the big decision to expand.

Finally, it uses Kendalls example to illustrate how theres no right or wrong way to approach business expansion. His initial goal was to run a business that played to his strengths and expertise, after spending much of his career in top-50 accounting firms. However, when his business began to grow beyond what he could manage, his employee and now Associate Director, Polly Coleman, joined the business and became a key factor in the franchises continued success.

With over 20 years experience and 200+ franchisees, Auditel is one of the UK's leading finance franchises.

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