Established entrepreneur joins cost management franchise Auditel
Consultancy chain expands franchise network with addition of former business owner Lee Walton
Cost management chain Auditel has ramped up its growth after attracting seasoned entrepreneur Lee Walton to its franchise network.
Walton, the former managing director and owner of management and events company Probeck Ltd, made the decision to join the chain following a meeting at the Olympia Franchise Show where he was “influenced by the success of franchising and picked out Auditel as being a ‘stand out’ operation”.
He will now operate his cost management consultancy in the Farnham area and intends to “call on his past [business] experiences” to grow his new franchise venture.
Established in 1994, Auditel offers a range of cost management services to over 3,700 clients nationwide, with a network of over 200 franchisees.
Its franchise packages start at £36,000 and it says that its franchisees are consistently renewing their franchise agreements after five, 10 and 15 years due to “achieving their financial goals and quality of life”.
Discussing his move to franchising, Walton said:
“I had thought the days of running my own business had come to a natural end and I wanted to do something else in a white collar, business-to-business environment.
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“As a cost management consultant, I am able to call on my past experiences to select areas where companies need help to reduce financial waste, introduce efficiencies and therefore, improve their bottom line profits.”
Auditel UK and Ireland network development director, Matt Sidwell, added: “Owning and running a franchise business is all about transferable skills.
“Lee’s previous management experience and that of our other franchisees fit the Auditel business format perfectly. We harness their skills with our exceptional five-year mentoring programme. This includes the professional and technical know-how of cost management, which enables our franchisees to build a highly scalable business practice.”