Use the ECS Business Model to launch your new utility bill auditing business, and you won’t have to maintain costly inventory. This is another way a business model license gives you more freedom and more choices when compared to a franchise.
When you purchase a franchise, you are subjecting yourself to certain requirements, which may be viewed as stringent. One example of a requirement a franchise will force you to do is to maintain a certain level of costly inventory. This means that thousands of dollars every month must be tied up with product that may or may not be selling. This helps the franchisors bottom line, but doesn’t necessarily help you grow your business.
In addition to maintaining costly inventory, you may be forced to purchase a specific type of machine to produce the end product. These machines may be sold by the franchisor, or sold by a partner of theirs, and so they make additional money off your capital purchases.
Franchisors also sometimes require owners to:
The ECS Business Model requires no inventory to operate. That is right. There is absolutely no inventory necessary to operate the ECS Business Model. You may need office supplies. You may need machines. But you will need these items no matter what type of business you start.
No products to carry. Nothing to stock. No items to sell (and no items to just sit on the shelf!).