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Below is an in-depth analysis and side-by-side comparison of Expense Reduction Analysts vs Criterium Engineers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $66,000 - $85,900 | $66,175 - $125,950 |
Franchise Fee | $59,900 | $49,500 - $79,500 |
Royalty Fee | 15% | 6% |
Advertising Fee | 3% | - |
Year Founded | 1992 | 1957 |
Year Franchised | 1992 | 0 |
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 | 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 | Training is an intensive 5-days provided at our offices in Portland, Maine. We invite you and an unlimited number of your supervisory employees to attend. Training instruction covers franchise administrative matters, bookkeeping and reporting systems, marketing, customer service and technical training. We do not require persons owning offices which convert from the Predecessor Company's "Home Inspection Consultants" network to attend the initial training program. |
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 | Every other year, we host a conference with featured speakers addressing a wide range of engineering and business development topics. We also sponsor additional programs, webinars and seminars periodically, to keep our engineers updated and informed about relevant engineering- and real estate-related developments and trends. Technical support Business support Marketing support |
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 | - |
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.