AlexWignall:
Ben9:
AlexWignall:
I accept that if they just sub work to normal hauliers (like your post suggests they might) ESL will happily see those hauliers go down but why would they do that to their bargin basement priced and pliant franchisees?
W
Because you can bet your last breath that ESL will get your money one way or another even possibly by selling YOUR house that you have had to use for security.
I’m sure you are right Ben. It doesn’t answer my question though.
Why would ESL bankrupt it’s franchise holders?
For a start, don’t you only have to repay twenty pence in the pound if you go bankrupt (I’m sure someone on TNUK will be happy to correct me).
These guys will be totally dependant on ESL and they will have to do everything they are told to do on time and without mistakes. In fact it reminds me of the Share Croppers from depression era America. I digress.
My point is Ben, where is the commercial sense in leaving a string of ex employees homeless when they could all be grafting their arses off for the benifit of ESL?
W
Most owner operator scams, (bloody spellchecker) are worded solely for the benefit of the provider, I don’t think they do want them bankrupt, they want them hungry and that will happen, just as it has done with all these types of scheme in the past. It isn’t franchising in sense of the word. A franchise allows use of a legal trademark to promote your own business. This isn’t your own business as you have no control over it’s success apart from avoiding bollards, cars & punctures.
I am willing to bet my best shirt that any fuel used will be charged out weekly, the tyre pennies will be charged out monthly and any damage, the insurance and admin charges will all come out of the pot, before the o/d sees a cent, out of that he then has to pay a good driver to drive the remaining shifts. Will you get a chance to run it 24/7 even if you could afford the fuel and wages?
To get the best driver, the o/d is going to have to better or at least equal the wages a good Stobart driver can earn at Stobarts.
No one has yet answered the financial requirement of £8100 or the fact that getting an O licence and CPC results could take us into the middle or end of December, just after the mad Christmas rush which is an established hauliers icing on the cake.
For a start, don’t you only have to repay twenty pence in the pound if you go bankrupt (I’m sure someone on TNUK will be happy to correct me).
No you are mistaken W, what you have probably read is that many suppliers only get a few pence out of that pound when the business fails and it all ends in tears!