Expense Reduction Analysts vs FranStop Franchise Comparison

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

Start-Up Costs and Fees

 
Expense Reduction Analysts Franchise
FranStop Franchise
Investment $66,000 - $85,900$50,900 - $92,000
Franchise Fee $59,900$30,000
Royalty Fee 15%-
Advertising Fee 3%-
Year Founded 19922004
Year Franchised 19922008
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5000-


Business Experience Requirements

 
Expense Reduction Analysts Franchise
FranStop Franchise
Experience --

Financing Options

 
Expense Reduction Analysts Franchise
FranStop 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
FranStop 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
FranStop 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 FranStop

FranStop has partnered with premier franchise organizations to offer prospective buyers the ultimate in franchise opportunity. FranStop's franchise personnel are committed to provide you, as a prospective franchise buyer, a no-cost personal consultation to assist you in determining if buying a new franchise is the right decision for you and your career path. Want to find out if franchising is right for you? Browse through all of the resources available to you on our site. Our organization has helped thousands of people find the right opportunity. Use the information here to arrange a free consultation with one of our professional consultants.