INTERVIEW


Making S dough


Having steered Domino’s from a relatively modest operation into a multi-million-pound business, Stephen Hemsley is well positioned to lead other franchises to success. And that’s exactly what he plans on doing with his company Franchise Brands. Katie Shevlin reports


18 | www.franchisornews.co.uk


tephen Hemsley co-founded Franchise Brands, the parent company of market-leading franchises ChipsAway and Ovenclean, in 2008. The two entities performed phenomenally


well during the recession, and now Stephen is on the acquisition trail once again. Before starting Franchise Brands, Stephen was no stranger to changing businesses’ fortunes. In 1998, after a successful period in accountancy and investment, Stephen joined Domino’s Pizza as finance director. It only had less than 100 stores and was losing money, but he could see strong potential and after some investment from Nigel Wray – Stephen’s business partner in Franchise Brands – and a management restructure, it floated in 1999. Stephen says: “I was then appointed chief executive in 2001 and quickly got to work; solving volume constraints and getting the franchisees on board with new working practices to help them, and ultimately us as a franchisor, achieve good profits.”


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