Power play….

How many people do you know would be interested in saving £270 for 5 minutes work?

The entire UK energy market for gas and electricity has been deregulated allowing any individual or business user with a gas or electricity meter to freely choose their own supplier, this has created an environment for franchise entrepreneurs to join one of the UK’s biggest and exciting market places – energy!

Up until recently it has been almost impossible to compare which is the cheapest supplier available and the actual process of switching suppliers has been seen as tedious and complicated by the public. www.billscutter.com has created a simple and easy solution that allows any user to immediately identify and switch to the cheapest supplier nationwide. The process is done online, and in around 5 minutes a typical domestic user can save around £270 per annum, the savings for businesses can be very substantial indeed.

With energy prices rising sharply in the last two years, consumers are keener than ever of finding ways to minimize their outgoings. Consumers who visit www.billscutter.com enter a few simple details to find out who the cheapest gas and electricity supplier is in their area. The price comparison takes just 5 minutes and if they elect to switch suppliers Billscutter takes care of all the back end administration.

Since launching www.billscutter.com the company has gone from strength to strength and the site is totally unbiased and impartial. The site details every supplier, and the company is growing fast driven by the fact that all suppliers basically provide the same fuel so why would anyone want to pay more for it? The site is also accredited by the UK energy watchdog, Energywatch adding to the credibility of the Billscutter service.

An often overlooked feature of the Billscutter service is that even if a consumer stays with the same supplier Billscutter can often still quote a cheaper price, this is because the company quotes the online tariffs which in many cases are cheaper still. Furthermore, no changes are required to a consumers meters, cables, or pipes and the transfer is managed professionally and expediently.

A perfect franchise?

The franchise industry is full of similar franchise models including, fast food, cleaning, etc etc but the Billscutter model is unique, not just in their market sector but also in many other respects. Each franchisee markets the Billscutter service within their own exclusive territory and earns a fee for every switch that takes place within their area regardless of the source of the enquiry. Trevor Leaver-Heaton, one of the Billscutter franchise team said, “The business works due to the combination of a local “face” and a powerful online resource that works for the franchisee 24 hours a day”. Overheads are kept to a minimum because franchisees work from home and the simplicity of the business model means that each franchisee can be up and running swiftly and no previous experience or qualifications are required. The management team has extensive industry experience and each franchisee has access to market leading guidance and advice.

Franchisees can also monitor the number of switches done at any time online to view imminent fee payments and with projected first year earnings of around £70,000 the Billscutter franchise is potentially one of the most financially rewarding new franchises of recent times. Furthermore hours are flexible which means the business can be run full time or part time and a varied working day will appeal to all entrepreneurs as will the ability to own this franchise as a “bolt on” to an established business.

Perhaps one of the greatest benefits is down to the fact that prices are constantly changing which means every Billscutter client will benefit from a review in 6 months time carried out by the franchisee. This means that the franchisee enjoys repeat business and the client knows that they are being assisted regularly to keep their utility bills as low as possible.

Generating business…

The Billscutter Head Office already has an established call centre and Franchisees can easily publicise the Billscutter service within their territory by following the company’s marketing plan. There are also numerous opportunities to set up affinity partnerships with any retailer or company to drive more enquiries to the site and the company is able to identify new home and business owners swiftly at the precise time they are deciding which suppliers to use.

Billscutter has an active search engine optimisation campaign and an increasingly high profile within the market. The company has appointed a dedicated in house specialist to drive this forward. By investing in this area of the business now the Billscutter service
will become more and more visible to the public
further increasing each franchisees billing potential.

The future…

The Billscutter management team has great plans for the future of the site and its franchise network. The same technology that powers the energy service is also being road tested with other sectors of the economy including telecoms and finance providing a one stop shop for any individual or business that is interested in lowering it’s costs. By following the same blueprint with each client and carrying out regular reviews as prices change each franchisee will become a key person for every homeowner or business that is interested in always paying the lowest price. The Billscutter service will therefore be appropriate for a variety of consumable items be they utilities or several other key “outgoings” that involves expenditure. Each franchisee will therefore have the opportunity to establish multiple income streams within any area and with every client.

Although Billscutter is not a new business it is new to franchising and the company has taken care to get things right, not just now but also in the future, by appointing specialist franchise consultancy firm Franchise Pro Ltd. Through their national office network, Franchise Pro Ltd is removing a large amount of the time consuming work associated with growing a national franchise network and the company is also advising the board on franchise issues. This allows the Billscutter management team to concentrate on the key business and the day to day running of the franchise network. Andrew Cheetham of Franchise Pro Ltd said, “Billscutter has all the hallmarks of a great franchise with low overheads, high potential profits and that all important work/life balance, we feel it will appeal to a wide variety of franchise investor”.

To Find Out More...
Please call Andy Cheetham on 0845 122 9091 or 07782 115 993 or visit www.billscutter.com