|
Below is an in-depth analysis and side-by-side comparison of Expense Reduction Analysts vs BEI Group including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $66,000 - $85,900 | $77,000 |
Franchise Fee | $59,900 | N/A |
Royalty Fee | 15% | - |
Advertising Fee | 3% | - |
Year Founded | 1992 | 1995 |
Year Franchised | 1992 | 2002 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5000 | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
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 |
||
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 |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.
A privately owned, European-based, people skills training organisation helping small- and medium-sized business owners to develop and execute strategic growth and business plans through a system of international, national and local franchised training centres and training specialists. The company specialises in the training of people skills. The training programmes use extensive practise and workshop sessions to focus on the skills and techniques that are necessary to cope with the challenges of business and personal life. We offer two levels of opportunity: National Training Director (NTD) Master Franchise The National Training Director (NTD) is the Master Franchisor of a country or region. The selection, training and support of new Regional Training Centre Franchisees are the key roles of the National Training Director. Another major task is the selling of the BEI training programmes to national and larger regional companies. The ability to sell franchises and lead business owners and entrepreneurs is the key to success in this national position. Regional Training Centre (RTC) Franchise The Owner/Manager of a Regional Training Centre (RTC) represents BEI in his or her regional market. The main task of a Regional Training Centre Manager is the recruiting, training and support of the Marketer/Trainer teams. Each team consists of trainers with various areas of business expertise. This is of prime importance to the growth of the business and the ability to find and serve customers. The second issue of ongoing importance is selling, organising and conducting training.