At the beginning of March 2007 they announced the launch of their exciting new web based software. This software gives their clients the tools, knowledge and expertise to carry out performance improvement and cost reduction solutions for themselves via the internet.
Supported by this radical new franchise system, franchisees will be able to dramatically extend the performance improvement services they provide to clients. In addition to the traditional consultancy services, epi franchisees are now able to provide coaching and training services. Franchisees will also be able to offer clients the use of the cost reduction software tools, knowledge and community expertise we have developed. For this service our franchisees will earn an ongoing subscription fee - an annuity type of income stream which is unique for this type of franchise.
Here are just a few comments about what our franchisees are already saying about this remarkable leap forward.
"epi has enabled us to establish a strong business since 2002, with an annual turnover of £600, 000. With the development of the new support systems along with epi Coaching and Training offers our business will continue to develop and grow vigorously." Sallie Ryan
epi gives me a tried and tested framework with man years of knowledge that I can build on. Combine that with epi's compelling technology and you have a great business opportunity." Guido Kurth
Steve Turner, Joint Managing Director of epi's franchise operations talks about why this investment has been made and what he sees as the future for B2B franchising, cost reduction consulting and epi.
Extending our Range of Services - A Solution for Every Client.
"We asked ourselves "Why doesn't everyone use cost reduction consulting - especially when provided on a no-win, no-fee basis?" We approached our colleagues at the University of Warwick and worked through a fundamental review of why some businesses weren't engaging with cost reduction consultants but were nonetheless struggling to implement innovative cost reduction solutions.
We found that as many as 4 in 5 clients are disposed to doing things themselves. This makes perfect sense for a client who considers their own staff will have both the experience and understanding required. Recognising this, our existing epi practitioners were already developing different approaches to delivering cost reduction services. We were coaching key staff in our client's organisations, in the use of performance improvement tools that we had developed in over ten years of delivering cost reduction consulting expertise. We were also empowering clients through support programmes including both formal and on the job cost reduction training programmes.
Now, with the culmination of this massive investment and our incredibly powerful new franchise support system, clients can benefit from an extensive range of franchisees' services including cost reduction coaching and training as well as our traditional consulting service. And it doesn't stop there. Clients can also achieve a continuous and sustainable cost reduction capability through using the software tools, knowledge and expertise developed. In return our franchisees will earn an annuity income stream. We believe all this represents an incredible leap forward in cost reduction franchising."
Internet as a 21st Century Enabler
The development and delivery of the cost reduction software tools and knowledge would not have been possible even just three years ago. New web technologies and the advent of high speed broadband make it all possible. Indeed using these new technologies we are able to deliver software tools, knowledge systems and expertise that automate and enhance the cost reduction process radically. We are able to provide that capability to our franchisees and customers on-demand. Or in other words "as they need it".
A Patent Pending Cost Reduction System
"The challenge we took on was not only enormous, it was visionary. It was also clear that it simply had to be done. We worked closely with the University of Warwick and attracted investment of over £2,000,000 to advance our vision of the future. The result is MyEpiCentre.com. The world's first web based Portal devoted to performance improvement and cost reduction software tools, knowledge and expertise guaranteed to improve the client's enterprise's performance. A portal that can be accessed by our community of cost reduction franchisees and their customers. Simply put, it's a whole new approach to delivering a cost reduction B2B service to clients.
Extending Client Benefits Radically - Empowering the Client
Here is what my co director William Thomas has to say about our extended approach to cost reduction services.
"I have been sharing our epi development programme with existing and potential clients for over twelve months now. Right from the start, clients have been eager to see what we have been doing. We are definitely exciting our marketplace and we now need to expand our franchise network to cope with the pent up demand I am experiencing every time I talk to a potential customer."
Extending Franchisee Benefits Radically - A Unique Opportunity
"Epi franchisees can be confident that whatever the client requirements and most importantly, the culture, of a new client they have a cost reduction service to suit. Be it cost reduction consulting, coaching or training. And to underpin each and every one of those services our franchisees can invite the client to join the epi community, thereby empowering the client with a sustainable and continuous cost reduction capability. Through clients joining the community the knowledge database and client solutions available will grow and evolve. The franchisee will also earn an ongoing share of the client's membership fee meaning a tangible and saleable asset as franchisees establish epi clients across their territory.
In conclusion a truly unique franchise with truly unique customer valueâ€"enabled by 21st Century technology.
A Flexible Range of Franchise Opportunities - to suit you!
Whatever your finances, location, skills, personality and ambition epi have a franchise opportunity to meet your personal criteria. Available franchises:
- Regional - offer the full range of epi services including consulting training and coaching and community memberships to customers in your defined territory.
- Associate - offer the full range of cost reduction services to customers supported by a regional franchisee.
- Master - build a team of Regional and Associate franchisees in a geographically defined area.
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