ZPG’s purchase of software company Expert Agent earlier this month has been called in by the Competition and Markets Authority (CMA) and is now under review, prompting shares in ZPG to drop this morning.The CMA has served an initial enforcement order to ZPG under section 72(2) of the Enterprise Act 2002.The announcement was made by ZPG this morning, saying that “having been informed of the review and the order ZPG is now engaging in a consultation with the CMA and will make a further announcement in due course”.The move has been widely anticipated within the industry after ZPG acquired Expert Agent – which trades under the name Websky Ltd – from private equity firm Metropolis. It in turn bought the company off founder Mike Griffiths in 2004.The ZPG acquisition of Expert Agent gave it a substantial slice of the UK agent software market, as it had already bought Property Software Group in April 2016.PSG at the time of acquisition by ZPG claimed to be used by over 40,000 estate agent letting agent branches across the UK, while Expert Agent is used by over 2,500 branches.The CMA has been in the warpath within the property industry of recent, fining four estate agents in Burnham on Sea a total of £370,000 over an illegal price-fixing cartel in the seaside town, and is now offering £100,000 rewards to agents who report similar anti-competitive in their areas.PSG CMA Competition and Markets Authority Expert Agent Zoopla March 31, 2017Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Agencies & People » ZPG purchase of Expert Agent to be reviewed by competition watchdog previous nextAgencies & PeopleZPG purchase of Expert Agent to be reviewed by competition watchdogShares in the group drop after announcement first thing this morning.Nigel Lewis31st March 201702,568 Views
on many stores list after a string of incenses, presumably entrepreneurs have chosen for their own business brand. But this is just a start, join Chuanchuan Xiang also need to have a lot of business skills, proficient skills, can you truly had opened the shop also earned money.
The establishment of
a. cost standard: the standard of establishing cost is to decide the proportion of expenditure. If the cost of food for example, food refers to the cost of food raw materials or semi-finished products when the purchase price, but does not include processing labor and other costs. The cost of food depends on three factors: the price at the time of purchase; the weight of each dish; the price of the menu.
b. record the actual operating cost: join Chuanchuan Xiang stores often encounter some obstacles contrary to expectation in the operation, sometimes is artificial, natural disasters sometimes lead to waste, the cost of raw materials, these factors will directly reflect the operating costs. Therefore, the real record of the operation of the process, and compared with the estimated expenditure standards, can immediately find the lack of management, improve the control system.
c. control and assessment: in general, the actual cost is often higher or lower than the standard cost, but the management on when to take action to investigate or correct operating conditions is regarded both the size of the gap. When the gap between managers in setting standards, should first assess the amount of time and sequence, so as not to have the order reversed, and not up to the real purpose of control.
management franchise stores Chuanchuan Xiang is very exquisite science; only good management mode, can let join Chuanchuan Xiang stores a brighter future. I believe, for you to join the franchise above Chuanchuan Xiang operation knowledge, should be particularly useful? Only the perfect operation method, can make the franchise franchise more revenue Chuanchuan xiang. As long as you can use to join Chuanchuan Xiang stores management policy, you can easily start.
learning above operation knowledge, you have to really try it, planning, execution, in order to achieve the ultimate objective to improve turnover. To consider carefully, I wish you a speedy running your own string of fragrant stores.