Property franchise Platinum Property Partners (PPP) has become a Full Member of the British Franchise Association (bfa).
Full Members of the bfa are established franchised businesses with a proven trading and franchising record. Members have to be prepared to have their reputation and activities thoroughly examined by the bfa, and have an established network of franchise owners.
PPP states that it has worked hard providing bi-monthly updates of all its franchise owners. This enabled the bfa to perform spot checks to prove that PPP is doing all that it claims.
The information submitted by PPP had to demonstrate that the company has reached what the bfa call ‘critical mass’, meaning a franchisor no longer needs to sell any more franchises in order to be able to remain in business, trade profitably, and be able to provide support to the franchise network.
Steve Bolton, founder of PPP, said: “I am delighted that PPP has achieved Full Member status with the bfa. It is something we have aspired to and feel honoured and privileged to have been recognised. We look forward to our continued close working relationship with everyone at the bfa.”
Brian Smart, Director General of the bfa, said: “All franchisors that carry the bfa membership logo have had their business tested against the bfa’s strict set of criteria and have passed the accreditation. The highest level of this membership is Full Membership. Platinum Property Partners has held bfa membership for the last five years and its newly attained Full Membership is a testament to its unwavering commitment to best practice and its long term investment in ethical franchising.”
Published: 23 April 2012
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