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Below is an in-depth analysis and side-by-side comparison of Winfree 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 | $75,000 - $250,000 | $66,000 - $85,900 |
Franchise Fee | $50,000 | $59,900 |
Royalty Fee | $500/month-$2,000/month | 15% |
Advertising Fee | - | 3% |
Year Founded | - | 1992 |
Year Franchised | - | 1992 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | $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 |
Start-up Costs | -/- | No/Yes |
Equipment | -/- | No/No |
Inventory | -/- | No/No |
Receivables | -/- | No/No |
Payroll | -/- | No/No |
Training & Support |
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Training | - | On-The-Job Training: Ongoing Classroom Training: 70 hours |
Support | - | 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 Loyalty program/app |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | No | Yes |
WINFREE OWNER BUSINESS COACHING AND MENTORING (Profitable Business Growth) Coach, Mentor and Train Executives in any Organization (Profit and Non-Profit) Recruiting and Hiring - Identifying the best-fit candidate Management Roles - Changing your role as the owner as your people grow Management Behaviors - Coaching your team towards mutual growth Staging Effective Sales Meetings - Creating an effective and constructive meeting Territory Management - Setting up the best plan Compensation for Sales People - Areas to consider before hiring Criteria for Performance Excellence - Core values and concepts (Baldrige National Quality Program) Valuing Small and Mid Size Businesses and Professional Practices - Methods and approaches Exit Strategies for the Privately Held Company - Impact on owner and business and the sale of the business or key parts of the business ($1 to $20 million EBITDA) The Heart of Business Coaching - Enhancing performance through coaching The Heart of Business Leadership - The act of stewardship, legal documents, risk management and wealth management The Four Keys to Marketing - Price, brand, packaging, and relationship The Universal Language of DISC - Understanding yourself and others NLP at Work - NEURO LINGUISTIC PROGRAMMING Five Phases of Selling - The Winfree Sales Training System WINFREE SALES TRAINING AND MARKETING PROGRAM 1. Coach, Mentor and Train Sales People and Executives that Sell
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.