Alarmist headline from NBR: 'Prominent franchiser's business flop'

posted on 6th November 2013

The latest issue of the National Business Review's Last Call newsletter leads with the alarming headline ‘Prominent Franchiser’s (sic) Business Flop.’ In fact, the business in question is the non-franchised Central Installation owned by Andrew Chisholm, who also happens to be a director of the company which owns Green Acres and Hire A Hubby. There is no suggestion in the NBR article that Central Installation, which has been placed into liquidation, had any franchise connection beyond that. The NBR article can only be read by online subscribers.

Andrew Chisholm was the sole director of the company, which installed insulation in line with the government’s $347 million Heat Smart scheme to subsidize home insulation. NBR ONLINE understands that Central Installation had about 35 staff at its peak in July 2012 and was invoicing about $700,000 each month.

Read more at http://www.nbr.co.nz/stayco...

Get Your
FREE Magazine

1