Start Your Own Business in Utilities
Business Opportunities.
Has Covid-19 affected your income? Well here’s two UK based business opportunities to help you make money:
1. Business Referrer: FREE.
2. Energy Broker Business: £4995 (ex vat)
Option 1. Business Referrer - FREE
Simply refer any business client to our website to compare prices. They fill in one simple form and we’ll return a set of offers for them by email.
If they want to proceed with an offer we’ll send them an e-sign application and ensure the switch goes as smoothly as possible. When we get paid by the supplier they choose, we pay you 50% of our commission. This can be a lump sum or monthly residual payments dependent on the supplier involved and their payment schedules.
So as an example a typical high street business spending £5000 will earn you about £100 a year.
Simply pass on (by email etc.) a link to your client and ask them to put your name (or a code of your choice) in the ‘referred by’ box in the inquiry form.
The landing page for business energy is: https://www.powerswitch.com/compare-business-gas-and-electricity
For mains water inquiries the page is: https://www.powerswitch.com/water
NB. Unfortunately we can’t offer commissions on residential energy sales due to the potential for fraud and mis-selling which is strictly monitored by OFGEM. We don’t want to risk undermining our established good reputation in the market. However to earn on residential sales too take a look at the next business opportunity:
Option 2. Your Own Energy Broker Business - £4995 (ex vat).
Utility price comparison and switching- helping home and businesses to compare prices and save money on gas, electricity & water - is a thriving long-term business opportunity with repeat income that continues to flow in, year after year. We’ll build you your own business website with business enquiry forms, and links to home price comparison software so your customers can compare prices and switch online in minutes. This industry is huge with some 28.4 million electricity and 20.9 million gas customers in the UK alone.
We will build your website and provide you with training in the energy market via Zoom remotely so you can learn the business safely and at your pace. You don’t need to come from an energy background or be a web designer and you can run a utility broker business at times to suit you.
You’ll have secure access to pricing software platforms that do the pricing and applications for you. Then when you submit each sale ‘aggregators’ will do everything for you from that point and pay you direct, allowing you to earn a passive income whilst you do other things. You can earn a second income if working elsewhere or retired etc. or make this your full time business.
Similar business opportunities cost in the region of £25,000 however you can establish your own business at a fraction of the cost. Why?
Why not! As my own income is mainly "passive" it means I have spare time to duplicate my web based business (for the first four applicants). The market is huge and there's more than enough consumers in the UK to support more successful consultants without affecting my customer base.
This includes:
1. Your own brand website with inbuilt business energy enquiry pages and links to a home energy price calculator.
2. Mains water price results and enquiry form so you can quote customers for water direct or give the lead to a water supplier to quote and share in the commission ( fully automated price comparisons for water will be available shortly and we’ll build this in when available).
3. Professional email marketing automation to capture your customer details, build a customer database and stay in touch regularly. ( Allow a monthly cost of about £15..see below)
4. An effective Google advertising campaign to bring you enquiries including £75 free advertising to get you started. You decide on your own budget and you can stop or pause ads at anytime.
5. First month of support included. Should you ever need additional assistance it's available at £55 an hour ex vat.
6. A business telephone number with virtual call system so you never miss an enquiry and can route calls how you suit.
What other costs will you have ?
The good news is this a very low overhead business. You'll need a domain name and somewhere to host your website (maybe £15 a month).
You'll need internet access and a laptop/PC/Mac ( but you probably have that already).
A professional email marketing software platform to store your client data (£15 a month).
Lastly you'll need a Data Protection Licence which is £35 a year. Allow for advertising on Google at whatever level suits you..you should earn about double what you spend.
Remember this business cost me more than £20,000 to set up back in 1998. You'll be starting your online price comparison business for a tiny fraction of my cost and be in profit very quickly!
So how do I start?
If you have any questions call me, Andrew Park, on 0141 291 5004 or fill in the enquiry form. You can pay your fee securely by credit/debit card via Paypal. If you prefer to pay by BACS just let me know and we'll email you an invoice.
Once your payment is received I'll contact you to get started on your website and you’ll be trained, supported and running within 4 weeks.
Q&A
What is Utility Brokering?
We negotiate discounts (and refunds errors and overcharges on energy and water bills).
Can it be done online?
For houses of all sizes they can use our online instant price calculators to compare and switch online. Businesses just submit one simple form and you return bespoke quotes with whatever margin you want to build into the retail price.
We offer a FREE service as suppliers pay us the royalties.
How much competition is there?
We're in a vibrant competitive and continuous market; the UK is the most deregulated market in the world. We as brokers have a larger client base than Accountants with some 28.4 million electricity and 20.9 million gas customers.
Can't I set this business up myself without paying you ?
Yes, you possibly could but...
if you take into account the time and money it will take you to gain the knowledge, set up supplier arrangements, build comparison software and market effectively, it will cost you a lot more. Many big brands like British Gas only deal with established aggregators and will ignore any direct approach.
Remember we've been in business for decades, you don't have to make the same mistakes we did...our training, experience and backing is worth a lot.
What will I earn?
Earnings are determined by four main factors:
1. Marketing: Recent research to date shows that for every £1 spent on marketing you can expect to earn £3. Therefore if your target income in year 1 is say £25,000 you should spend £8250 a year or £687 a month. As your business grows you plan to re-invest a similar percentage of your income in marketing to 'lever' your income.
2. Effort. Like any business the more you put in the more you'll receive.
3. Turnover of clients utility spend. You can choose to target lots of smaller accounts or concentrate on serving just a few clients with larger utility costs...the choice is yours.
Your business earning potential:
100% of supplier commissions, no royalties payable to us ongoing.
Typical business commission of 0.5p a kwh on electric and 0.4p a kwh on gas. In simple terms that’s £250 a sale for typical SME supplies but up to £2000 on larger sites.
Typical mains water commissions of £150 a sale.
£30 dual fuel & £15 single fuel commission per home energy switch.
Limited to the first four applicants. Call as soon as possible to enquire on availability or call 0141 291 5004. There’s no obligation and it could be your first step towards your new future.
Watch the Video
Watch the video above on how easy it is use internal price comparison platforms.
Price comparison software will generate real time prices for you and your clients. You earn residual income year after year. It's all accessible online whether you work from home, in an office or are on the move using a mobile phone or tablet.
You have access to the biggest energy brands and live prices updating constantly (just like an airline booking system). Admin is outsourced from the point of order so you don't need any specialist knowledge and you don’t need to handle paperwork either.
See how it works directly by looking at this page for business energy: https://www.powerswitch.com/compare-business-gas-and-electricity
or for mains water rates:
https://www.powerswitch.com/water
If you have any more questions call Andrew Park on 0141 291 5004.