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.”

HALFORDS’ FY RESULTS: BIKES UP, CAR PARTS DOWN

Strong results from chain, though predicting supply and demand has ‘presented its own challenges’

Read More

FIX AUTO NEWTON ABBOT OPENS SHUTTERS

Bodyshop owner Louise Woolacott and her daughters open second Fix Auto franchise in Devon

Read More

ARNOLD CLARK AUTOPARTS DONATES TO RNLI TROON

Craig McCracken donates a bike to lifeguard and a monkey to Troon lifeboats

Read More

GS YUASA TO CREATE 100 JOBS IN WALES

Company investment and government grant helps firm expand Ebbw Vale factory

Read More

SUPPLIER NEWS: NEMESIS TAKES ON MOTUL

Branded product distributor to stock lubricant brand as Motul expands UK presence

Read More

Go to comments

Your email address will not be published.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