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Updated RecentlyExpense Reduction Consulting vs Leadership Management Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Expense Reduction Consulting vs Leadership Management 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 | $20,000 - $27,500 |
| Franchise Fee | $29,900 | $15,000 |
| Royalty Fee | 7% | 6% |
| Advertising Fee | - | - |
| Year Founded | 1993 | 1965 |
| Year Franchised | 2005 | 1965 |
| 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/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 | - | On-The-Job Training: Ongoing Classroom Training: 7 hours Additional Training: Teleconferences |
| Support | - | Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations |
| Marketing | - | - |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 2 - 10 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | No | Yes |
Company Overviews
About Expense Reduction Consulting
NO LONGER FRANCHISING
About Leadership Management
Paul J. Meyer founded Leadership Management Inc. (LMI) in 1965 to help companies develop leadership skills in their workers. The company provides a line of programs and courses designed to help people achieve their professional and personal goals. LMI's programs are produced in 23 languages and have been marketed in more than 60 countries.
#267 in Franchise 500 for 2021. Not in Franchise 500 for 2020.