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Finance Industry News

Business Doctors franchisees make a bid for the board


American Victor Kiam liked the shaver so much he bought the company. Closer to home, a group of franchisees have taken inspiration from the Remington entrepreneur and done the same.

Business Doctors franchisees make a bid for the board


"As a franchisor this is the ultimate compliment that your franchisees like what you are doing that much that they want to play a bigger part in it."
Rod Davies, co-owner, Business Doctors



American Victor Kiam liked the shaver so much he bought the company.

Closer to home, a group of  franchisees have taken inspiration from the Remington entrepreneur and done the same.

The Business Doctors 'gang of six' were no longer content to just run their highly successful SME consultancy franchises and wanted to be part of the St Helens headquartered company in a bigger way.
 

The half dozen, including British Franchise Association franchisee of the year finalist Andy Mee, proposed to buy into the company as regional directors.
 

After some discussion, franchisors Matt Levington and Rod Davies agreed to their offer of investment and are now welcoming six new members to the board. Each has received a one percent share in the business.

Kevin Cook will now oversee the North West, West Yorkshire & North Midlands, Andy Mee, the home counties, SE Midlands & the East, Graham Robson, the North East, North & East Yorkshire, Lincolnshire & Humberside, Chris Simpson, the South East and Richard Tidswell and Paul Neck, the South West.

Andy Mee said: "When I bought my franchise in 2014, I felt I was investing in a company that I truly believed in and one that was really aligned with my values. From the earliest days, I was equally concerned with growing the network as a whole as developing my own Oxfordshire and North Buckinghamshire business.
 

"Matt and Rod have always been really open to suggestions and I had a strong hunch they might be open to our offer."
 

Franchisor Rod Davies said: "As a franchisor this is the ultimate compliment: that your franchisees like what you are doing that much that they want to play a bigger part in it.
 

"We have always welcomed input from our franchisees and some of our national initiatives, including our Learning & Development Academy, have come about from their suggestions.
 

"The idea of regional directorships was another franchisee driven initiative and will be a fantastic development for the whole network. New and established franchisees will now be better supported than ever and recruitment for the remaining territories will step up a gear."

Since humble beginnings above a Cheshire takeaway in 2004, franchisors Rod Davies and Matt Levington were set on building Business Doctors into the go to brand for SME consultancy services.

There are now over 30 Business Doctors territories operating around the UK, plus Business Doctors in South Africa, India, Malta and Republic of Ireland.

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