Five years of controlled growth
Since London House franchise owner John Whitewood launched his business last year, he has experienced month-on-month growth, and is planning to continue expanding over the next five years
This September, London House is taking part in a 100km bike ride in London to raise money for the Great Ormond Street Hospital, in which a team of people representing London House are due to participate.
One of the participants will be London House franchise owner John Whitewood who is also hoping to raise £1,000 for his own charity of choice, Quartet Community Foundation, through the bike ride. John is no stranger to raising money for charity as last year he completed a 200-mile trek from Bude to Falmouth, along the South West Coastal Path, in order to raise £3,000 for Quartet Community Foundation, which is a Somerset charity that helps improve the lives of people in the local community.
In addition to completing his walk last year, John also launched his London House franchise in August. In the months since the launch he has seen his business flourish. "My business has grown month-on-month since my launch," John explains. "It has developed more quickly than I expected in terms of client numbers and turnover. Investigation is definitely a growing market." John was working in the finance and leasing industry when he began looking into franchising.
"London House appealed to me because it provides a service in today's difficult economic climate that helps businesses to respond quickly to ever changing market conditions," he recalls. "London House addresses external issues which businesses have to face on a daily basis including providing supplier status checks, tracing debtors, chasing commercial debts, investigating fraud and from the legal markets in particular, serving legal documentation.
"The core business, however, is about gathering information and providing comprehensive reports to enable clients to make decisions based on cost effective actions. London House also focuses on internal company issues such as screening of CVs, drug screening and internal theft and fraud. London House offers a range of management services, which are tailored to both the consumer and business sectors." Although John is only just over half way through his first year of trading he is already ahead of reaching his target turnover. In addition to his financial success, John is also relishing being his own boss. "I enjoy the freedom of running my own business," he reveals.
"I also like the challenge and the fact that I get out of my business what I put into it. When I launched my franchise I created a five-year business plan, which has evolved over the past months as I got to know the market better. By following my business plan I expect my London House franchise to experience controlled growth over the next five years."
Reported by Derin Ibrahim