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New Business Partnership branch launches in Inverness

By Andrew Dixon

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Former owner of Frankie and Lola’s Lisa Lugton and Simon Fraser
Former owner of Frankie and Lola’s Lisa Lugton and Simon Fraser

AN Inverness business expert has been inspired to set up his own franchise with independent brokers Business Partnership.

Former banker Simon Fraser decided to take the plunge after being hugely impressed by the way the company handled the sale of a large commercial business belonging to a close family member earlier this year.

The 29-year-old said: “My fiancée’s mother was selling her indoor soft play business Frankie and Lola’s in Inverness. Initially, I thought that it may be more challenging selling the business during the coronavirus pandemic.

“However once Business Partnership became involved it was clear they had made the right decision. It sold within a matter of days largely due to the professionalism, negotiating experience and the vast network of connections the company has across the UK.

“The sale was driven by Business Partnership’s west of Scotland branch, namely Raymond Blin, as the company did not have a presence in the north at that time. It became clear to me that there was a gap in the market. There was no-one else offering this type of one-to-one dedicated bespoke service in the Highlands and Islands, Moray or Perth.”

He added: “I’m passionate about ensuring we have a strong and vibrant business sector and community in this beautiful part of the world.”

He hopes over time to be able to expand the business and potentially create job opportunities in the local area for other people.

Lisa Lugton, founder and former owner of Frankie and Lola’s, said: “When selling a business, it’s absolutely vital that you have the right people around you, both representing and indeed supporting you, throughout the process.

“Not only were Business Partnership extremely professional and pro-active, they achieved a successful sale for us in a very short time. I have no doubt that without them our business would most likely still be on the market.”

She added: ”Simon watched the sale closely and was so impressed with the knowledge, support and negotiation skills that he decided to take the plunge and set up his own branch of the company in the Highlands.”

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