Experienced accountant joins Auditel
In a bid to secure his professional and financial future, accountant Lee Freeman decided to join the premier cost and purchase management franchise Auditel.
After extensive research into the franchise sector and taking his previous financial experience into consideration, accountant Lee Freeman decided that cost management company Auditel was the right franchise for him.
Previously, Lee, who became a qualified chartered accountant with Grant Thornton in 1992, had taken on senior financial roles with listed companies and finally an investment group based in Luxembourg. It was when Lee returned from Luxembourg, as the recession was beginning, that he started to consider the option of becoming his own boss.
"Back in the UK, looking for a senior role, I became increasingly frustrated at the lack of opportunities," he says. "Not wanting to start from scratch in the recession, I looked at both franchising and buying an existing business. I concluded that franchising gave the benefit of running my own business while having the support of a network."
After discovering Auditel at an exhibition, Lee followed up his interest with several meetings and quickly recognised that the cost and purchase management franchise ticked all the right boxes.
"The instruction I received from Auditel has been first rate, from the client acquisition training through to the technical side," says Lee. "Ongoing support is always available from Auditel's head office team and fellow franchise owners. Auditel's systems have proved invaluable in starting a business from scratch. They allow me to concentrate on finding clients, secure in the knowledge that you can meet their needs."
Since joining Auditel in March 2010, Lee has secured clients and is feeling positive about the development of his franchise. "Signing my first client and completing a successful project has certainly given the business some early impetus," he adds. "In the next year or so, I would like my wife to join the business, using her sales background, to drive the business forward even further. I see myself in this for the long term, renewing my five-year agreement at least once if not twice, before winding down to retirement and hopefully handing the business over to a family member. "I can say this has been the most enjoyable three months I have spent in any working environment!"
Auditel's success story
Established in 1994, Auditel is one of the UK's leading cost and purchase management franchises. It has helped thousands of organisations by reducing financial waste and improving profitability. This year, its success was recognised in the industry, being nominated as finalists in the Franchisee Marketing Support Award and the bfa HSBC Franchisor of the Year Award.
Auditel's franchise owners - men and women from a variety of professions - are trained to become highly-skilled cost and purchase management specialists through a one-year fast track training programme. Owners are given unlimited access to mentors, client acquisition assistance, a fully configured wireless PC notebook, the Auditel Marketing and PR toolkit, a professional website, follow up workshops, regular Regional Meetings, an annual Supplier Conference and a National Conference.
Many new franchise owners have taken advantage of Auditel's free Discovery Seminars. They can meet the head office team, ask as many questions as they like and learn about Auditel's services and the package on offer. Once both parties are satisfied that there is a good fit between the visitor's attributes and aspirations and the opportunity, the newcomer can then speak to some of Auditel's franchise owners and meet again on a one-to-one basis before finally deciding on becoming a new member of the Auditel network.
With an impressive portfolio of clients and a successful business model, Auditel franchise owners can work within a flexible and financially secure environment, with higher earners achieving an annual income of over £200,000.
Reported by Tiffany Brooking