Expense Reduction Consulting vs Second Opinion Franchise Comparison

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

Start-Up Costs and Fees

 
Expense Reduction Consulting Franchise
Second Opinion Franchise
Investment $33,100 - $45,100$50,000
Franchise Fee $29,900$30,000
Royalty Fee 7%-
Advertising Fee --
Year Founded 19932004
Year Franchised 20052007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Expense Reduction Consulting Franchise
Second Opinion Franchise
Experience --

Financing Options

 
Expense Reduction Consulting Franchise
Second Opinion Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Expense Reduction Consulting Franchise
Second Opinion Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Expense Reduction Consulting Franchise
Second Opinion Franchise
US Expansion Yes-
Canada Expansion NoYes
International Expansion No-

Company Overviews

About Expense Reduction Consulting

NO LONGER FRANCHISING

About Second Opinion

It is natural to get a second opinion on major health issues; why not on major financial issues? Second Opinion offices offer financial consulting services to retail and corporate clients. We remain completely independent and unbiased and do not sell products of any kind. Our only fee is an hourly fee paid directly by our clients which gives us a major competitive advantage.