Expense Reduction Analysts vs Winmark Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Expense Reduction Analysts vs Winmark including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Expense Reduction Analysts Franchise
Winmark Franchise
Investment $66,000 - $85,900$100,000 - And Up
Franchise Fee $59,900N/A
Royalty Fee 15%-
Advertising Fee 3%-
Year Founded 19922004
Year Franchised 1992-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5000-


Business Experience Requirements
 
Expense Reduction Analysts Franchise
Winmark Franchise
Experience --

Financing Options
 
Expense Reduction Analysts Franchise
Winmark Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Expense Reduction Analysts Franchise
Winmark Franchise
Training On-The-Job Training: Ongoing Classroom Training: 70 hours -
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations --

Expansion Plans
 
Expense Reduction Analysts Franchise
Winmark Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Expense Reduction Analysts

Join Expense Reduction Analysts and become a fully trained procurement consultant with the ability to win business and deliver huge savings to your clients. As the UK and Ireland's leading Cost, Purchase and Supplier Management franchised consultancy, Expense Reduction Analysts offers you an exciting low risk business opportunity to grow a successful consulting practice, which can simultaneously meet your income goals and deliver the work life balance you desire. With cost reduction being the number one issue facing both the public and private sectors, there has never been a better time to take the step into self-employment and invest in your own ability. Your skills and ambition, combined with Expense Reduction Analysts' knowledge, tools, training and support brought together in our dynamic business structure, can provide you with the formula for success that you are looking for.

Veteran Incentives  $5,000 off franchise fee

About Winmark

Online resource for FREE critical business information for small business owners, established vendor programs for business critical needs, and financing and leasing options for equipment.
For more than 30 years, Winmark has been at the forefront of the sustainability movement by guiding entrepreneurs interested in opening one of our retail resale brands: Plato’s Closet®, Once Upon A Child®, Play It Again Sports®, Music Go Round® or Style Encore®. We have made resale retail our business by selecting franchise partners that believe in the model of buying and selling locally sourced, quality used products that bring value to their communities.