Mahomed Imtayas has bought Driver Hire’s Manchester South franchise from long-standing owner, Mike Moores. Mahomed has an interesting CV. He was born in Malawi and has a background in accountancy. He moved to the UK in 1976 before returning to Malawi in 1996 to run his own stationery business. He then returned to the UK earlier this year aiming to start his own business here. “I was attracted to franchising because the resources behind it enable me to compete on a level playing field wit...Read More
It's key to understand that Business Opportunities and Franchises are not the same. There are less restrictive nature in terms of operation, branding and territory restrictions, their low initial investment fees and lack of ongoing fees when running and operating a Business Opportunity instead of a Franchise. However, remember that you don’t get the ongoing franchise support for a business opportunity, and that you need to conduct extra research with a business opportunity compared with the franchise research undertaken, since it may not have the same legal obligations as franchises do to disclose certain details about the business, like the financial health of the operation. A Business Opportunity does not include documentation such as The Franchise Agreement.