Using a license versus a franchise to launch your business allows you more independence. You only have low monthly fees compared to costly ongoing royalties based on how well you do.
Licensing vs. Franchising: Ongoing Royalty Fees
When you purchase a franchise, there are countless costs associated with starting up and getting your business up and running. You pay your initial royalties and startup fees, cover your cost of business, and take a huge personal and business risk by starting your company as a franchisee of another, larger company.
You start to see initial sales, even a lot of initial sales, but remember the stipulations of your franchise agreement:
Ongoing weekly or monthly royalty fees.
And not just a flat fee. Every period, with most franchise agreements, you will see a percentage of your gross profits waving goodbye.
Freedom with Licensing the ECS Business Model
ECS wants every customer to have the maximum amount of freedom along with the maximum amount of money-making potential. This will allow you to not only run your utility bill auditing business where you want, but also how you want.
Unlike franchises, the ECS Business Model only requires low monthly fees, which is a fixed payment. No matter how much money you make, you’ll always pay the same low rate.
License vs. Franchise
Where Does the Royalty Money Go?
Ongoing weekly or monthly franchise royalties may go to supporting the parent company as it changes or updates its operations, training methods, advertising campaigns, and more. Those who join with a franchise may also partner with other franchisees (without an actual choice) – so costs may be spread out.
Where Does the Low Monthly Fee Go?
The ECS Business Model does require a low monthly fee. This fee is used to help pay some of the expense of maintaining a dedicated back-office staff available to help you answer any of your questions. Training and support is essential to running a successful business – and with ECS, you have the training and support that you need.
ECS: Your Partner for Success
Instead of immediately requesting monthly fees, at ECS, we understand it will take a few months to get the ball rolling and build your sales pipeline. We don’t take any monthly fees until the you have been operating for a few months.
We also understand that as a new licensee, you are going to require more ongoing training and support than an established licensee. This is why the ECS Business Model lowers the monthly fee after the first 12 months!
Apply for a license to the ECS Business Model today!
Ready to start your own utility bill auditing business and be your own boss? Want to operate nearly anywhere in the United States?