One of my friends spotted this and thought I would share it too:
This has to be one of the best reports I’ve read on the company. Even a non finance guy like me can understand it! I love the quote “Telecom Plus isn’t a normal utility, it’s not even a normal growth company, its more like a robust house plant, growing through photosynthesis and the odd sprinkling of water. And neither the sun nor rain get switched off”.
For people looking to create new income streams, then the following is of vital interest, since it shows the potential profit for team members, which are called Independent Distributors.
“Over half of new sign-ups (55%) come in as Gold members, those taking at least four of its five services (gas, electricity, home phone, broadband, mobile), and when it gets them through the door, they tend to stick like flies to paper, churn down to just 1.2%.
What this means is that average revenue per user, or ARPU, rises on a seemingly unstoppable tide, jumping 14.5% to £1,363 last year. That’s nearly 200% up in 10 years and makes the £190 ARPU in its first year back in 1999 look laughably minuscule.”
I can write from direct knowledge, since I have been involved in the business since 1997, and the ARPU referred to above is so on the money, if you pardon the expression. :o)
And the future is looking brighter and brighter, as more people hear about the award winning services and customer care.
To find out about becoming involved in the business, this link will tell you more: www.future-biz.co.uk
If you are in London on Monday 3rd June, then there is a massive presentation taking place in the evening – details here:
Update: Tuesday 4th June – what an extraordinary evening. Over 500 people came along to the event last night. Clive Leach and Robin Brooks were in stunning form as they presented the business to the assembled numbers. It truly was standing room only and the attendees were educated and entertained by two stars in our successful business.
Filed under: Business Impact, Combyne Group Update, Comments, News, Opportunity | Tagged: business, Combyne Group, cost-control, entrepreneur, extra income, Joint Venture, more business, Opportunity, Utility Warehouse |