iAUTOUK SIGNS UP TO BRITISH FRANCHISE ASSOCIATION

by

Garage franchise iAutoUK has signed up to the British Franchise Association, an accrediting body dedicated to ensuring good franchise standards in the UK.

In order to become an approved member iAutoUK had to demonstrate that its franchise agreement, support mechanisms and training met the BFA’s strict code of ethics. The Coventry-based business also had to demonstrate the robustness of its business model.

Set up in 2009,  iAutoUK’s profits reached over £100,000 in the last financial year, with an annual turnover of just over £1m. Headed by former recruitment executive Andy Fox, the company launched its franchise operation last year. You can read CAT Magazine’s profile of the business here.

Owner Andy Fox said: “As a newly-launched franchise the first step for us was to gain a provisional-listed membership of the British Franchise Association. “The strict accreditation process the company had to go through sends a clear message to investors that the iAutoUK franchise operation is founded on good franchising practice.”

Brian Smart, director general of the BFA, said: “By joining the BFA  as a provisional member, iAutoUK has undertaken to develop their franchise network from the outset in accordance with our strict set of criteria relating to best practice, operational procedures and franchisee support.

“This is an important and welcome first step towards their long-term commitment to ethical franchising.”

GSF Car Parts completes network rebrand

Following rebrand, CEO wants to ‘draw a curtain on this period of transition’

Read More

AAG buy out Linings & Hoses

Three-branch CV business is the latest firm to become part of business group

Read More

Melett: Nickel price is increasing turbocharger costs

Ukraine war is driving up prices, sys turbo company

Read More

Ben ‘Big Breakfast’ planned for Mental Health Day

Industry charity plans fundraising community event in October

Read More

Dunlops Auto shop opens in Paisley

Third branch for Glasgow retailer

Read More

Go to comments

Your email address will not be published. Required fields are marked *