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Updated RecentlyEntrepreneur's Source vs Expense Reduction Analysts Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Entrepreneur's Source vs Expense Reduction Analysts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $92,450 - $100,750 | $66,000 - $85,900 |
| Franchise Fee | $55,000 | $59,900 |
| Royalty Fee | 25% | 15% |
| Advertising Fee | $750/mo. | 3% |
| Year Founded | 1984 | 1992 |
| Year Franchised | 1997 | 1992 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | $5K | $5000 |
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/Yes | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| 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: 252 hours Classroom Training: 77 hours Additional Training: Ongoing virtual training, mentor | On-The-Job Training: Ongoing Classroom Training: 70 hours |
| Support | Newsletter Meetings/Conventions Online Support Field Operations Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations |
Franchise can be run from home.
Absentee ownership allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | No |
| International Expansion | Yes | Yes |
Company Overviews
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
About Expense Reduction Analysts
Join Expense Reduction Analysts and become a fully trained procurement consultant with the ability to win business and deliver huge savings to your clients.
As the UK and Ireland's leading Cost, Purchase and Supplier Management franchised consultancy, Expense Reduction Analysts offers you an exciting low risk business opportunity to grow a successful consulting practice, which can simultaneously meet your income goals and deliver the work life balance you desire.
With cost reduction being the number one issue facing both the public and private sectors, there has never been a better time to take the step into self-employment and invest in your own ability.
Your skills and ambition, combined with Expense Reduction Analysts' knowledge, tools, training and support brought together in our dynamic business structure, can provide you with the formula for success that you are looking for.