Expense Reduction Consulting vs FranNet Franchise Comparison

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

Start-Up Costs and Fees
 
Expense Reduction Consulting Franchise
FranNet Franchise
Investment $33,100 - $45,100$49,175 - $87,325
Franchise Fee $29,900$15,000 - $35,000
Royalty Fee 7%10% - 30%
Advertising Fee -1.5K/Qtr
Year Founded 19931987
Year Franchised 20052006
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Expense Reduction Consulting Franchise
FranNet Franchise
Experience --

Financing Options
 
Expense Reduction Consulting Franchise
FranNet Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/Yes
Start-up Costs No/No-/Yes
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Expense Reduction Consulting Franchise
FranNet Franchise
Training - On-The-Job Training: 5 days Classroom Training: 5 days
Support - Ongoing Support Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations
Marketing - Co-op Advertising National Media
Operations --

Expansion Plans
 
Expense Reduction Consulting Franchise
FranNet Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion NoYes

Company Overviews

About Expense Reduction Consulting

NO LONGER FRANCHISING

About FranNet

"FranNet
Learn How Franchise Ownership Can Mitigate Your Risk Of Starting Your Own Business and Help You Succeed Faster. FranNet provides education and support to individuals who are interested in exploring self employment as a career option through franchised business ownership. After all, franchising is more than just food and retail stores.
Veteran Incentives  25% off franchise fee