Jackson-Stops has launched a prospectus inviting applications to join its consortium.
The network has not only a prestigious brand but a distinctive business model, giving its licensees the freedom to run their own business and benefit from their own successes while working to agreed disciplines.
Chairman Nick Leeming said the freedom of licensees extends to their ability to sell on their businesses – as has just happened in the case of the London Jackson-Stops business, where the licence has been sold to Dexters.
Leeming said: “There are currently 44 offices in the Jackson-Stops business, and we do see the opportunity to grow this number.
“We will never be a volume enterprise, because the brand is so important to us and we select carefully. But I do think our proposition would appeal to forward-thinking, entrepreneurial individuals who want to expand their horizons.”
Jackson-Stops was run by the same family from 1910 to 1992, when there was a management buy-out and a consortium formed of what was then 12 offices anxious to keep their overheads down. There was a further significant change in 2017 when Jackson-Stops lost its ‘Staff” as part of the branding.
While members of the Jackson-Stops consortium do have a lot of freedom within their geographic areas, there are strict standards on conduct, trading areas, marketing and finance.
The prospectus shows the geographical spread of the network.
While it stretches from York to Truro, there are significant gaps – for example, in the north, the west country and in the central part of England.
Anyone interested in being sent a copy of the new prospectus is asked to contact Nick Leeming on nick.leeming@jackson-stops.co.uk
“a consortium formed of what was then 12 offices anxious to keep their overheads down. “
Sounds like 1992 all over again.
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register