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Updated RecentlyBusiness Round Table vs Expense Reduction Analysts Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Business Round Table vs Expense Reduction Analysts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $20,000 | $66,000 - $85,900 |
| Franchise Fee | $20,000 | $59,900 |
| Royalty Fee | 5-10% | 15% |
| Advertising Fee | - | 3% |
| Year Founded | 1991 | 1992 |
| Year Franchised | 1998 | 1992 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | - | $5000 |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | On-The-Job Training: Ongoing Classroom Training: 70 hours |
| Support | Newsletter, Toll-free phone line, Internet, Field operations/evaluations | 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 | Ad slicks | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Business Round Table
Rick DesBrisay was a businessman in Moncton, New Brunswick, and a member of the Young Presidents' Organization (YPO), an international network of company presidents under 50 years of age. DesBrisay thought such an organization would be useful to Canadian small-business owners who weren't eligible for YPO membership (companies must have at least 50 employees and sales in the millions).
Business Round Table started in Moncton in 1991. At present, there are more than 125 members. There are 11 Business Round Table groups in Moncton and it is now operating in the greater Halifax area with Paul Roy. Under the guidance of John Schrempf, Business Round Table is now operating in Barrie, ON. Ram Sundar is the latest franchisee in Etobicoke, ON. There are 2 groups in Nova Scotia so far. Membership is open to experienced entrepreneurs (those who have a financial interest in a business for 5 or more years and are involved in the management of it).
Groups of 10 to 12 members meet once a month to discuss business problems and opportunities, then work together to solve problems and build more successful businesses. Franchisees in Canada and now in the United States act as facilitators and teachers for group members.
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.