A WINCHESTER-based cost management company has been shortlisted as Franchisor of the Year for a prestigious award.

Auditel, based in Cross Street, has been recognised by the British Franchise Association for its business growth, service quality and ethical practice.

The company, which was established in 1994, is made up of over 200 consultants specialising in strategic cost management, catering to around 3,000 clients nationwide.

Chris Allison, managing director at Auditel, said: “We’re delighted to have been shortlisted for Franchisor of the Year. Having evolved our business to meet changing market demands and ensure the longevity of the network, we now have an even more solid, profitable and attractive opportunity. Existing franchisees continue to thrive and grow, and our approach to recruiting new franchisees is smarter, more efficient and with the sole aim of maintaining the integrity and profitability of the network.”

The finalists will be announced at a black-tie event in Birmingham on June 25.