How much does an Utility360 franchise cost?

The cost of a Utility360 franchise is £19,995 + VAT. For this we will provide:

• An exclusive territory*
• Systems and equipment to support your role
• Marketing provisions
• Ongoing training and support
• An initial 5-day training course at our Head Office
• A bespoke web-based pricing tool
• Business cards

* Each territory (available across the UK) will include 4,000 target businesses of between 5 and 200 employees. You can sell our proposition to any business of any size, in addition to public sector outlets such as schools and recreational centres.

Banks may be able to lend up to 70% funding dependent on your financial history.

Why choose a Utility360 franchise?

Utility360 is currently the only energy management franchise to be a member of the British Franchise Association (bfa).

Utility360 has relationships with all major energy suppliers, allowing our franchisees to obtain access to the most appropriate, specially negotiated tariffs for their customers.

Some franchises are seasonal, others are dependent on external factors such as economic growth, inflation and favorable exchange rates; a Utility360 franchise is not subject to such external risks making our proposition recession proof.

The role of a Utility360 franchisee

As a Utility360 franchisee, you are responsible for arranging initial meetings with businesses in your territory to discuss their energy management needs.

Once you have secured a client, you will be responsible for managing their utility bills, providing them with advice on saving energy, renegotiating and setting up contracts and ensuring that they are billed correctly. Throughout this process you will be liaising with your sales support team, who will provide back up on pricing and setting up the contracts with the suppliers.

The market

The choice of supplier and range of tariffs for businesses has expanded dramatically over recent years; there are now over 20 suppliers of gas and electricity in the UK. In addition, recent deregulation in the water industry and allows businesses to choose their supplier.

The business sector of the Energy Industry is more complex than the domestic market. Comparison websites do not always sufficiently interrogate customer needs and therefore in many cases do not offer a tailored solution for individual businesses.

Therefore, professional advice and guidance on energy management is essential to businesses who want to maximise efficiency, which is where Utility360 franchisees come in.

How we train and support you

We offer a 10-day induction programme which will be held partly at our Cheshire headquarters and partly on territory.

The two major component parts of the programme are around knowledge and skills. Some examples of subject matter are shown below:

• Knowledge: The Franchise / The Energy Sector / Market Regulation /Suppliers
• Skills: Generic sales skills / Pre-sales activity / Appointment making / Business planning.

Who are Utility360 looking for?

There is no model for the ideal franchisee. However, it would be fair to say that there are certain skills and characteristics that would be necessary to succeed as a Utility360 franchisee.

In terms of skills, effective communication, high levels of numeracy and an ability to understand technical matters would be critical to your success.

Determination, integrity, a desire to deliver excellent service harnessed to a strong work ethic and being a team player would be essential characteristics for a successful franchisee.