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Below is an in-depth analysis and side-by-side comparison of Expense Reduction Consulting vs Nextaff 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 | $55,000 - $130,000 |
Franchise Fee | $29,900 | $25,000 |
Royalty Fee | 7% | up to 8% of Gross Wages |
Advertising Fee | - | 1% of Gross Wages |
Year Founded | 1993 | 1998 |
Year Franchised | 2005 | 2004 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal 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/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/No |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | No |
NO LONGER FRANCHISING