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Franchises over £50,000
Snap-on Tools
93
Investment level:
£59,500
s
plus cost of van
Website:
o
c
u
www1.snapon.com/franchise/uk
Email:
terry.barcham@snapon.com
aldo.rodi@snapon.com
Phone:
01536 413800
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a
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c
h
i
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f
classification:
Automotive
Life after redundancy
this was the right move. You got a clear
impression that they enjoyed the weekly
visits and had an excellent rapport with
their franchisee,” he says. “Once I started
Worried about redundancy? Franchising attracted Iain my own business it was made much
Macleod who is reaping the rewards for Snap-on Tools
easier to manage because of the informal
support received from my  eld manager,
established franchisees and the  rst-class
U
NDOUBTEDLY THE prospect of for the same result. Franchisees become
“Once I
professional support from Snap-on’s HQ
redundancy can be devastating, but businessmen or businesswomen in charge
started my
team. The set-up is easily on par with what
it has heralded the beginning of an of their own future. They buy their own I experienced at BT.”
exciting new challenge for many. stock and their own van – in effect a mobile
own business
His branch manager, Dave Wilson, is
For those who decide to use their store, so it really is their own business and
it was made
delighted with his progress. “Iain has made
redundancy money to start a new business, their own success.
much easier
great strides in establishing himself in the
there is no doubt that the bene ts Many TV programmes, websites,  nancial territory and is producing excellent  gures.
– independence, job satisfaction,  nancial experts and even the man in the pub are all
to manage
Considering he was not planning a career
stability and a better standard of living – are gloomily forecasting the worst. Indeed many
because of
change, he has really made this work, and
worth it in the long-term. Franchising is an businesses are suffering, but this can have a
the informal
for anyone affected by redundancy I would
option well worth considering. surprisingly low impact on the automotive say that a Snap-on franchise is a great
There are risks and challenges as with any aftermarket industry. People are not buying
support
opportunity. If you want security for the
new business, and there are no guarantees so many new cars, but as cost-conscious received future, and you have the courage and the
of success. But with a franchise, the risks are consumers put off regular maintenance or
from my  eld
self-belief, then this is a fantastic business
reduced and furthermore, Snap-on Tools repair, these delays will result in more costly opportunity particularly
provides a powerful support system. Its head work in the long run. This is where tools and
manager,
at this dif cult
of ce boasts 200 employees supporting the Snap-on franchisee come in. established time.” �
over 430 franchisees. Iain Macleod is a Snap-on Tools franchisee
franchisees
The new franchisee can also expect in Scotland who took redundancy from BT.
an exclusive territory, comprehensive ”Before I applied for a franchise, I had the
and the
training, no ongoing franchise fee, a bespoke perception that Snap-on was a ‘man and van’  rst-class
computer system that manages the sales operation but talking to them I realised that
professional
process and a business model that has stood the company offered much more and that I
the test of time. Snap-on Tools proudly could apply my own skills in this business.”
support from
proclaims these bene ts and many more. His con dence in the company was Snap-on’s HQ
Snap-on Tools’ philosophy is simple: strengthened by the visits he made to
team…”
‘You make money, we make money!’ customers as part of his training. “I was
Franchisor and franchisee are both striving convinced after the  rst customer visit that
www.businessfranchise.com February 2009
BF093_Snap-on_Feb09 x.indd 1 7/1/09 16:08:52
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