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Ian Lancaster

  • Posts: 2811
Re: Planning for the future.
« Reply #20 on: May 14, 2011, 11:31:33 am »

Already done it ;D ;D

Retired 17 months ago - just do quotes now and the missus keeps records.  I spend about 2-3 hours a week working and my wife does a couple of days, but then she is 8 years younger than me ;D

Thats great news!! I take it the Ian Lancaster franchise is working well!? How many franchisee's do you now have? Perhaps this is the route to take??

Very well, thanks.  Currently there are 6 "direct" franchisees, one of which is a Master Franchise for an adjoining area and he has 2 further franchisees and is interviewing for his third.

Good to hear, where did you learn the ins and outs of franchising? Is it complicated? I just keep thinking.. whats to stop a franchisee deciding he no longer wants to pay you his monthly franchise fee, but would like to continue cleaning his customers windows!! How do you stop this from happening?  ???  Cheers Ian

I owned a franchise myself for a couple of years in the 90's.  It's not complicated but you do need to know what you're doing to avoid the pitfalls.

The basis of a franchise is the Agreement.  This is a legally binding document that sets out each party's obligations and covers things such as absconding with the Franchisor's work.

groundhog

  • Posts: 1806
Re: Planning for the future.
« Reply #21 on: May 14, 2011, 01:03:02 pm »

I owned a franchise myself for a couple of years in the 90's.  It's not complicated but you do need to know what you're doing to avoid the pitfalls.

The basis of a franchise is the Agreement.  This is a legally binding document that sets out each party's obligations and covers things such as absconding with the Franchisor's work.

Thanks Ian, I'm going to look into this  :)