8 Must watch TED talks for small business owners
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The investigation found that 45% of SMEs and micro-businesses are on pricey default rollover tariffs, paying well above the odds for their gas and electricity.
Following their investigation, The CMA has recommended that suppliers end expensive automatic rollover tariffs and reduce termination fees. They also want to encourage businesses to switch suppliers, even suggesting that micro-businesses be included in a database that will be searchable by rival suppliers.
Why? Well, there are a few reasons. Do you recognise any of them?
Rolling over onto a default tariff is the path of least resistance, and might be seen as preferable to reading the small print on contracts. Energy paperwork can be confusing at the best of times, with renewal windows and potential termination fees to deal with.
Small business owners already wearing multiple ‘hats’. Adding energy comparison into the mix can seem like one responsibility too many. There are now so many energy providers out there – from the big six to small providers – that gaining a comprehensive view of the market is a weighty task.
Switching energy provider is akin to saving energy – it’s something you know you should do, but somehow it just doesn’t happen,. According to consumer psychologist Philip Graves, the reason for this is hard-wired into our brains. The savings promised by switching energy providers aren’t instant – you won’t see the money in the bank tomorrow, or even in a week’s time. That makes them harder to imagine and therefore less attractive.
What’s more, we don’t really think about our energy supplier that much, and when we do it’s usually in a negative way – e.g. after news stories about price rises and rip offs . This makes us think of energy itself as a depressing topic, and therefore we become resistant to thinking about it at all.
You may be sceptical about how much you could actually save – which is a real shame considering that some businesses can save up to 70% on their bills by switching to a cheaper tariff.
You may be overestimating the effort it takes to switch. Yes, if you try and do everything yourself things can get very complicated very quickly. However, by using an impartial broker you can streamline the process, and let somebody else do the legwork.
Whichever reason applies to you, there really is no reason not to compare energy tariffs. Our process is quick and easy – just fill in the online form to get your quote, or give us a call on 0800 411 8830. Our expert switchers know the energy market inside out, and will do find you the best deal possible, with minimum fuss. What do you have to lose?
Arron Newton- Fantastic customer …
"Arron Newton- Fantastic customer service Arron Newton has been First Class with me when it came to helping us to get a great deal on our business electricity and gas. His advice has been invaluable and his contact details are now firmly saved on our business database. I would thoroughly recommend both Switchmybusiness.com and Arron , many Thanks Dave Jackson, The Catering Butcher -Stoke"This review was posted by David Jackson on the 17th of August 2017
I spoke with Bhavni today who was very …
"I spoke with Bhavni today who was very helpful and friendly. The switch over from British Gas to Dual was so simple. I was given a template to send to British Gas to terminate the contract by email, all I had to do was fill in my account number. There really was no hassle! Thanks"This review was posted by Will Halton on the 16th of August 2017
Very good service
"Very good service. Explanations from Arron Newton were clear and thorough, making the process easy and straightforward. I would certainly recommend Arron and this company. Excellent."This review was posted by Dulik on the 16th of August 2017
Mark Weeks - Excellent Service
"Mark Weeks has helped me with selecting the most Competitive Electricity supplier for our Business needs. I would thoroughly recommend both Switchmybusiness.com and Mark Weeks, many Thanks"This review was posted by Jason Davenport on the 16th of August 2017
All good as far as I can tell
"All good as far as I can tell. 24 hours from first enquiry to signed contract and a good deal as well. Mark Weeks made it all simple and was friendly and helpful. He even got a decent rate for my mum!"This review was posted by Chris Gutsell on the 16th of August 2017