Expense Reduction Consulting vs Entrepreneur's Source Franchise Comparison

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

Start-Up Costs and Fees

 
Expense Reduction Consulting Franchise
Entrepreneur's Source Franchise
Investment $33,100 - $45,100$92,450 - $100,750
Franchise Fee $29,900$55,000
Royalty Fee 7%25%
Advertising Fee -$750/mo.
Year Founded 19931984
Year Franchised 20051997
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -$5K


Business Experience Requirements

 
Expense Reduction Consulting Franchise
Entrepreneur's Source Franchise
Experience --

Financing Options

 
Expense Reduction Consulting Franchise
Entrepreneur's Source Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/Yes
Start-up Costs No/NoNo/Yes
Equipment No/NoNo/No
Inventory No/NoNo/No
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support

 
Expense Reduction Consulting Franchise
Entrepreneur's Source Franchise
Training -On-The-Job Training: 252 hours Classroom Training: 77 hours Additional Training: Ongoing virtual training, mentor
Support -Newsletter Meetings/Conventions Online Support Field Operations Franchisee Intranet Platform
Marketing -Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations - Franchise can be run from home.

Absentee ownership allowed. (100% of current franchisees are owner/operators)


Expansion Plans

 
Expense Reduction Consulting Franchise
Entrepreneur's Source Franchise
US Expansion YesYes
Canada Expansion NoYes
International Expansion NoYes

Company Overviews

About Expense Reduction Consulting

NO LONGER FRANCHISING

About Entrepreneur's Source

The Entrepreneur's Source, a franchise-consulting firm, was founded by Terry Powell in 1984. The company matches clients to franchise opportunities by conducting interviews, filling out profiles and assessing a client's goals, needs and expectations. The Entrepreneur's Source also educates clients on the basics of franchising and other business options. Clients pay nothing for their consultation; instead, The Entrepreneur's Source earns its income from the franchisors it recommends.

Veteran Incentives  15% off franchise fee