Expense Reduction Analysts

Expense Reduction Analysts (ERA) provides purchasing and supply management expertise to businesses across all industry sectors. ERA helps client organizations reduce on-going business expenses, including indirect expense categories such as those for; printing, freight, insurance, temporary employment, small package freight, telecommunications, janitorial service, office supplies and so forth. ERA has reviewed over 100 cost categories worldwide.

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Expense Reduction Analysts

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Expense Reduction Analysts Franchise Cost and Requirements for 2022

Background

A powerful network of independent consulting professionals

Expense Reduction Analysts (ERA) is one of the world's leading networks for cost, purchase and supply management. Founded by Fred Marfleet in the United Kingdom in 1992, offices in the United States were opened in 2003. ERA holds a powerful position within a very compelling market segment of the consulting industry.

In excess of 650 franchisees in more than 30 countries around the globe specialize in non-core, general and administrative costs. Here in the U.S., more than 170 franchisees help their clients reduce indirect spends. Our franchisees save clients money in more than 40 cost categories including freight, telecommunications, office supplies, fleet management, insurance and more.

The ERA business strategy provides a low-risk value proposition largely due to our "no savings - no fee" model. Clients and franchisees alike benefit significantly: our franchisees share the cost savings with their clients.

One of the many advantages of our network of highly experienced franchisees is the opportunity to leverage our shared expertise to help meet the specific demands of each client project. The collective knowledge and market power of our network offers a great advantage to new ERA franchisees.

All businesses are more profitable when they can reduce costs and maintain quality. Given today's challenging economic environment, client demand for actionable cost, purchase and supply management solutions has never been greater, making our sustainable business model highly desirable. Simply put - this is a great business opportunity.

Company Details

Established: USA ‐ 2002/International - 1992
First Unit Franchised: USA 2002
Franchised Units: 800+
Company Owned Units: 0
States Registered In: All US States 

Support and Training Offered By Expense Reduction Analysts

ERA offers a training and support program that is second to none. Utilizing the best of ERA's combined experience, gained from delivering thousands of cost saving projects over many years, the training will empower you with the techniques and knowledge to enable you to sign clients and deliver successful profit-improvement projects.
The package includes:
  • Ten days of classroom induction training (plus pre-training before you attend our classroom training)
  • Six months of field support and continued training.
  • An Exclusive Software Package encompassing databases and contact management systems
  • Network regional meetings and an Annual National Conference
  • Client Management, Project and Analysis tools
  • Ongoing variety of Professional Development Training sessions
Financial Assistance Provided: No
Site Selection Assistance: N/A
Lease Negotiation Assistance: N/A
Recruiting Assistance: N/A
Co-Operative Advertising: No

2022 Franchise Requirements Needed to Own a Expense Reduction Analysts Franchise.

What does a Expense Reduction Analysts Franchise Cost?

Expense Reduction Analysts franchise fees for 2022:

Required liquid capital:$100,000
Investment Range: $59,900 - $59,900
Minimum Net Worth: $100,000
Franchise Fee: $59,900
Royalty: $500/mo after Credits
Ad: 3%
Average Number of Employees: 0
Passive Ownership: No
Home Based: Yes
B2B: Yes
Master Franchise Opportunities: No

Is Expense Reduction Analysts a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Expense Reduction Analysts is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Expense Reduction Analysts a Home Based franchise?

Yes. Expense Reduction Analysts is a home based franchise opportunity.

What Do Expense Reduction Analysts Franchise Owners Make?

Click here to find out how much Expense Reduction Analysts franchisees make. Expense Reduction Analysts offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Expense Reduction Analysts a Master Franchise Opportunity?

No. Expense Reduction Analysts is not a master franchise opportunity.

Does Expense Reduction Analysts Offer a Veteran Discount?

Yes. Expense Reduction Analysts franchise does offer a veteran discount.

Does Expense Reduction Analysts Work with E2 Visa and EB-5 Visa Candidates?

Yes. Expense Reduction Analysts franchise does work with E2 Visa and EB-5 Visa candidates.

Is Expense Reduction Analysts Looking for Franchisees in Canada?

Yes. Expense Reduction Analysts franchise is looking for Canada franchisees.

Is Expense Reduction Analysts Looking for International franchisees?

Yes. Expense Reduction Analysts franchise is looking for International franchisees.

Additional Information

Additional Categories

Financial Services

Number of Units Open

100+ UNITS

Cash Required

$50,000 - $100,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

Yes

E2 Visa Franchise

Yes

Expense Reduction Analysts Franchises for Sale

Click Here to inquire about existing Expense Reduction Analysts franchises for sale. We may have Expense Reduction Analysts franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.