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Updated RecentlyExpense Reduction Consulting vs Inner Circle Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Expense Reduction Consulting vs Inner Circle including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $33,100 - $45,100 | $21,150 - $34,400 |
| Franchise Fee | $29,900 | $14,900 |
| Royalty Fee | 7% | 15% |
| Advertising Fee | - | - |
| Year Founded | 1993 | 1985 |
| Year Franchised | 2005 | 1997 |
| Term Of Agreement | - | 20 years |
| Term Of Agreement | - | 20 years |
| Renewal Fee | - | Then current fee |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/No |
| Start-up Costs | No/No | No/No |
| 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 | - | Annual symposium & monthly conference calls |
| Support | - | Newsletter, Meetings, Internet |
| Marketing | - | National media |
| Operations | - |
Franchise can be run from home.
Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | No | Yes |
Company Overviews
About Expense Reduction Consulting
NO LONGER FRANCHISING
About Inner Circle
Inner Circle is a peer advisory group exclusively for CEO's and business owners of small to medium sized companies. Each peer group serves as an advisory board/advisory council that acts as an interactive think tank, a place where entrepreneurs come to challenge one another and be challenged. By tapping into the wisdom and objectivity of the Circle's business advisory board, members find they are able to overcome obstacles faster and with greater confidence due to the business coaching and small business advice they receive from their own personal peer advisory board.