Quote:
Originally Posted by Stuart
Did you read the bit about the Franchise? You realise that Franchises are actually licences to use the name, logos and various other things of a larger business and are often owned by small businesses? Small businesses who have no access to the finances and facilities of the company. As such, while the owners of specsavers may have over £1billion in assets, the franchisees won't have access to that.
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and that's what most of it is assets ,mostly in the form of shares from the franchisees buisness ........not that this has anything to do with tube driver strikes so i don't see why Alan thinks it's relavent