Redundancy is just the starting point for your next adventure
by Lynne Rawlinson Dec 22 2017
When Steve Howard took voluntary redundancy at 55, he knew he didn't want to tread water until retirement in a job for which he felt no passion.
After lengthy discussions with his partner, the couple decided that not only would they would bring their plans forward to move to the country, but that Steve would disregard the headhunters' calls, leave employment and buy a franchise.
As the former regional director of a European spirits brands distributor, Steve had a strong commercial background and a wide range of international business experience. He wanted a franchise that would allow him to make use of his skills in a hands-on way.
And after meeting with the operators of several business coaching, consultancy and mentoring franchises, Steve decided that home-grown SME consultancy franchise Business Doctors was the best fit for him.
"Business Doctors stood out because their values and aspirations fitted exactly with my own," he said.
"There was no hard selling, no prescriptive 'one size fits all' programme to sign people up to and the service they offered was very much working on the ground alongside SME owners, helping their companies to grow."
Now relocated to the beautiful Lake District, Steve says he has been welcomed with open arms by the local business community.
"I have found people extremely receptive to what I have to offer and will be able to tap into a real need from local entrepreneurs and family businesses for hands on support with business growth.
"I knew I didn't want to start up completely on my own at the same time as moving to a new area. So being a franchisee gives me the freedom to be my own boss alongside knowing I have enough support and guidance that I don't ever feel out on a limb."
Matt Levington, co-franchisor of Business Doctors said: "It is a fact of business life that people in their 50s can be particularly vulnerable to redundancy.
"Commanding higher salaries and out the running when it comes to succession planning, experienced business people can find themselves out of a job with at least 10-15 years of working life to go.
"People in their late 40 and 50s are the lifeblood of the Business Doctors network as they have enough breadth and depth to their commercial experience to have a high degree of credibility with our SME owner clients.
"Redundancy is just the starting point for your next adventure!"