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BFA Membership Status:
Provisional
Year Established:
2008
Active Franchises:
1
Support Staff:
4
Personal Investment:
£0.00
Total Startup Cost:
£12,000.00

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No Letting Go logo

No Letting Go

Landlords, lettings and lampshades…
...we’ve got them covered!
At last, a proven business opportunity which ticks all your boxes …

√ requires minimal working capital

√ potential for high margins

√ speedy return on your investment

√ scope to expand

What is Inventory Management?

When a tenant rents a property from a landlord, whether through a letting agent or directly, it is essential that in order to protect the interests of both parties, that a full inventory is compiled. This will provide a record of the fixtures, fittings and contents of the property along with a detailed report of the condition of repair / décor. Once prepared, the inventory is approved as a true and accurate document by all relevant parties.
 

NO LETTING GO BROMLEY

Linda and Peter Pailthorpe established a successful inventory management business but needed to grow the business to deal with the demand and changes in legislation. At a time when the founders of the No Letting Go franchise were first researching the No Letting Go franchise concept, they identified Linda and Peter’s business as the ideal launch platform for the brand and approached the couple with their sound business proposition. Linda and Peter, recognising the opportunity to further grow and develop their business via the extensive support and resources of the No Letting Go franchise network were delighted to accept the opportunity of becoming No Letting Go’s first franchisee.

Linda and Peter Pailthorpe
Inventory management : charting the path to success

For Linda, setting up her own inventory management business represented a natural progression. Having worked in a number of industry sectors previously, including stints in the restaurant, audio visual and property management trade, she took on an in-house role handling inventories for an estate agent.

After a two year stint as an employed in-house inventory specialist, Linda was starting to feel restless. Whilst thriving on the variety of the work and enjoying the job itself, she recognised that it was definitely her employers rather than herself who were benefiting from the revenue she was bringing in.

Through her existing employment, Linda had identified the opportunity to run an inventory management service as a separate stand alone business, independent of the letting agent. She also recognised that this type of enterprise would offer her not only the income, but also the flexibility she required to maintain her family commitments.
 

Next Steps

At No Letting Go we understand that entering into a franchise arrangement represents a major step in your life. It can and should be, a life changing decision to purchase a franchise and as such the opportunity needs to be carefully considered and taken one step at a time. This is why at No Letting Go we have a logical process in place for prospective franchisees so that you can fully understand the business and what will be expected of you and of course what you can expect from us – before you sign any formal agreement.

At all times we will move the process forward at your pace and provide as much information as possible so that ultimately you are able, to, make an informed choice.

Step 1
From the moment you establish an interest in No Letting Go, you are given options. Initially you can either call us for an informal chat to discover what the business is about or you can simply request the prospectus to browse through at your leisure. Either way we will follow up with a more detailed telephone conversation to ensure that you are fully aware of the details of the business opportunity and the availability in your location.


Step 2
An informal meeting at our offices would then follow providing you with the opportunity to meet many members of our management team. At this point you will be furnished with a lot more information, including particularly the financial projections, pricing and market knowledge. Prior to releasing this we will require you to sign a simple confidentiality agreement.



Step 3
Now is the time for you to show us how you can work on your own initiative and to return home to research your local market, talk to some of our existing franchisees and prepare a business plan. Please note that “working on your own initiative” will almost undoubtedly include calling us for advice and, suggestions as to how to access the relevant information and guidance on how to put together a business plan.


Step 4
Once the business plan and research is completed we will meet again so that you can convince us that you meet all the high standards we seek in a No Letting Go franchise partner - and if we are all in agreement you will be able to secure your territory with a deposit of 25% of the franchise fee (refundable less direct costs). At this meeting we will endeavour to ensure that any senior members of our management team that you have not yet met are present.



Step 5
From here you can proceed with arranging finance if required, taking the franchise agreement to a franchise lawyer for approval. Then it’s time to prepare for that all important significant change in lifestyle!



We would then agree dates with you for signing the agreement, paying the balance of the initial franchise fee and commencing your training. After that we will work with you to identify and generate sales opportunities in your area and to generally ensure that your business gets off to a flying start.

With our help your journey to self employment and self fulfilment should be a smooth one.
 
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