What are the typical running costs?
Rich Williams, SCG Solutions director, on the partner programme. 51s
Mostly the usual business basics — phone, travel and fuel, a home-office setup, networking and lead generation. You decide what you spend, so it is easy to stay lean.
Captions are on the player, and the full transcript is below.
Transcript
What Rich says in the clip, word for word.
Are there any ongoing fees or revenue share? That's the best part of this business is the ongoing fees are so small. Just by having that email address, going out to market as SCG Solutions is so powerful. The revenue share is the key part.
So for every £100 of revenue that you bill a customer, we generally work on a 40% margin. That's £40 of profit. £20 to you, £20 to SCG. SCG cover all of your billing and all of your customer service, everything around that. We'll talk about that in a later video.
But that revenue share builds up and builds up over time as you build that revenue to make it very, very achievable over a five year period to have a million pound business to sell out. That's where this residual income really, really works for you.
More answers
- How long does it take to become profitable?The Opportunity
- What sales trajectory can you build?The Opportunity
- How flexible is the model?The Model & Your Freedom
- What can partners sell?The Model & Your Freedom
- Who is the ideal customer?The Model & Your Freedom
- What would you do differently if starting again?The Model & Your Freedom
Thinking about becoming an SCG partner?
The full picture — what it costs, what you sell, what support you get — is on the partner page, with every one of these answers filmed.