No Letting Go Franchise Opportunities

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Nick Lyons from No Letting Go talks to StartupTV about the unique franchise opportunities they offer.

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No Letting Go Franchise Opportunities

No Letting Go Franchise Opportunities

Nick Lyons from No Letting Go talks to StartupTV about the unique franchise opportunities they offer....


Landlords, lettings and lampshades
...weve 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

√ offer of superb national training

√ brilliant franchisee support programme

Seem too good to be true? No Letting Go is an exciting new franchise opportunity operating within the Inventory Management business sector, providing a comprehensive range of services designed to protect the valuable property assets of landlords and letting agents. These services include the compilation of bespoke inventory and schedule of condition & contents reports for a rented property; the professional checking in and out of tenants at the commencement and cessation of a residential rental agreement and interim visits to assess the condition of a property during the term of a tenants occupancy.

Responding to the demand

No Letting Go is the first brand to target the lucrative Inventory Management business and as such, is destined to become the voice of authority within this specific market sector. With established industry commentators claiming a national shortage of inventory clerks coupled with the new legislation which came into force on April 6 2007 the market is ripe for a high quality national network of Inventory Management businesses. Under the revised terms of the Housing Act 2004, all deposits taken by landlords for Assured Shorthold Tenancies (the most common form of tenancy in England and Wales) must be protected by a tenancy deposit protection scheme. These schemes aim to promote good practice in deposit handling so that when a tenant pays a deposit against a rented property, and is entitled to get it back, they can be assured that this will actually happen. This means that tenants and landlords are both strongly advised to have in place from the outset of any rental agreement, a clear, fair and consistent detailed inventory of the contents and condition of the property that is being rented. Having a professionally trained independent Inventory Management business undertake this role avoids the risk of biased or misinformed reporting and will ultimately benefit both landlord and tenant. No Letting Go offers a reliable network of companies with a shared commitment to the provision of consistency and excellence in terms of a portfolio of independent and highly professional property inventory management services for the residential lettings community.

A franchise with a difference

The No Letting Go proposition represents a whole new genre of franchise designed to target a massive market opportunity via a manageable up-front capital investment. Although the initial financial outlay and on-going running costs are relatively low, there is considerable scope for success and the added potential to develop a business capable of expansion.

Whilst many franchises will claim to offer a flexible approach to work designed to fit around the franchisees lifestyle, the reality is that many such businesses also offer a relatively low return in terms of profit. Similarly, the majority of franchise opportunities which are home based and which appeal to individuals looking for a start-up business without a hefty investment entry figure are likely to be in stable rather than growth markets, with limited scope for development. The No Letting Go franchise offering combines attainable profitability* and long term growth prospects with an affordable initial investment and flexible working arrangements.

No prior experience of the inventory management sector is required as the franchise opportunity brings with it an extensive professional training programme, designed to equip franchisees with all the necessary skills and expertise to launch and run a successful and profitable enterprise. The transition from training to trading is relatively quick and once a franchisees business is up and running, the support doesnt stop there. All No Letting Go franchise owners will benefit from the brands national marketing campaign and centralized financial and buying resources. In addition to this, franchise owners have regular access to an on-going business mentoring facility to enable the continued prosperity of their company.

* The No Letting Go franchise formula has been developed to allow the franchisee the best possible opportunity to maximise profitability from the start, with a healthy return on investment in year 1. However, if you require external financing to secure the required start up costs you will need to factor the terms of the loan into the financial evaluation of your first years trading.

Can you afford to let us go?

Typically, No Letting Go franchise owners tick these boxes:

√ Entrepreneurial with the vision to grow their own business

√ Driven, self starters with a strong sales /business focus

√ Motivated individuals with the capacity to motivate others

√ Thorough, meticulous with a great eye for detail

√ Reliable, efficient and organized

√ Diplomatic and good communicators able to deal / mediate with the general public

√ Able to commit to a full-time business with some weekend work