Adam Thomas lives near Kingston in Surrey with his wife and two small children, and he joined the Auditel Cost Management Franchise last month. Prior to becoming a franchisee, he had over 15 years’ experience working in the capital markets in London as a both a trader and a broker.

Adam found Auditel via the British Franchise Association (bfa) website. The bfa is the only voluntary self-regulatory body for the UK franchise industry, with a standards-based approach to membership. Full Membership is awarded after a rigorous examination by the bfa and is only open to established franchised businesses with a proven trading and franchising record. Auditel has been a Full Member since 1998.

Asked why he chose Auditel, Adam said: “I wanted to be my own boss in a new business. They provide an excellent brand name, support network and analysis tools. The training was very good – lots of new ideas, thought processes and practical coaching. I can see challenging and fun times ahead!”

Adam says that his previous commercial experience will be very useful. “I am able to offer my clients the benefit of my skills honed while working for leading financial institutions. It is incredibly gratifying to help businesses recognise the potential of effective cost management and I am committed to adding real long-term value.”

Matt Sidwell, Auditel’s Network Development Director, reveals: “A recent business article reported last month that more and more people are looking to set up their own business. But, it added, ‘setting up a business from scratch is not for the fainthearted. One in three new businesses fail within the first three years. This is why so many who want to reap the benefits of running their own business opt for the tried and tested franchise route. Starting a business under a well-known and proven brand gives a greater chance of succeeding than starting up from scratch’.”

Franchising is therefore a superb opportunity for any management professional seeking a change in their career. It’s a huge industry with an annual turnover of £13.4 billion employing nearly 600,000 people. The latest survey indicates that 91% of franchisees are profitable.

Auditel still have places in their network for newcomers to become highly-skilled and valued cost management consultants in the company of over 200 like-minded colleagues. We welcome visitors to our free Discovery Seminars. You can meet the Head Office Team, hear about franchising and ask as many questions as you like.