Well, it's the right time if you take into account the fresh approach from the new UK 'CEO' Lars Flyvholm.  I saw a statement he released to dealers and if his intentions are carried out we will see a huge improvement in the service and support dealers get.

As for the market at present, it will certainly take a great deal of effort and commitment to make it work - but you will reap the rewards when the economy eventually picks up as you will have an established business all ready and waiting for the good times!

Lee

🙂

Good luck, you'll need it.

Good luck, you'll need it.

Yes, that's exactly what prompted the 'am I insane' question. Although I'm not overly concerned by share price per se, not being an investor as such, one has to assume that dive is a reflection of poor sales in the stores - and that of course does concern me. We'll see. 

britops:

Good luck, you'll need it.

Yes, that's exactly what prompted the 'am I insane' question. Although I'm not overly concerned by share price per se, not being an investor as such, one has to assume that dive is a reflection of poor sales in the stores - and that of course does concern me. We'll see. 

I think for one to take on such a proposition at the present time one would need to be in the category of a barking millionaire.

The way the franchise system works for B&O means that the rapid growth one saw in new dealerships and ever increasing product pricing had the effect of minimising the general downturn in sales to B&O- so the sales figures are a lagging indicator.

I would wait and see if the new sourcing strategy from B&O results in better products with pricing that will be realistic.

In a word, mad or rather sheer madness.  If you have the money, sure but if you are going to be chasing sales than I would hang fire for at least 3-5 years for the current mess to settle before investing the sums of money required to open a franchise.

I would wait at least a year, and don't forget: location, location, location...