Franchising After Redundancy

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British Franchise Association

Franchising after redundancy

Opening the door of opportunity with Domino's Pizza franchise

Mike Groves

Domino’s Pizza franchisee Mike Groves is an example of a businessman who used redundancy as an opportunity to take stock of his career and set up his own business.
 
Mike previously worked for Burger King for over 20 years, most recently as vice president and a member of the UK Management Board. Mike took redundancy following management changes in 2002. After six months out to consider his options, he decided to set up his own business by becoming a Domino’s franchisee. 
 
“Redundancy gave me the opportunity to step out of corporate life and set up my own business, which was something I had always wanted to do,” explained Mike Groves.  “I took the time to consider my options and review a number of different business ideas. I knew I didn’t want to get back on the treadmill of corporate life and while it was tempting to start a business from scratch, franchising with Domino’s Pizza presented me a great opportunity to have the satisfaction of running my own business but with the support of a worldwide brand with a consistent, successful track record.”
 
Mike opened his first Domino’s store in Worthing in 2003 and now has a further three in Hastings, Crosby and Manchester. He is already looking to open a number of new stores within the next few years.
 
Mike sums up: “Franchising can be an ideal opportunity for people like me who have been made redundant and are looking for a change of direction. It’s important to do your research fully first and choose a business that suits you but it can offer great rewards, as well as the satisfaction of being your own boss and driving your own career.”

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