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Below is an in-depth analysis and side-by-side comparison of Expense Reduction Analysts vs AdviCoach 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 | $66,240 - $79,490 |
Franchise Fee | $59,900 | $45,000 |
Royalty Fee | 15% | 5-15% |
Advertising Fee | 3% | $400/mo |
Year Founded | 1992 | 2002 |
Year Franchised | 1992 | 2006 |
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 | No/No |
Start-up Costs | No/Yes | No/No |
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: 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 | - |
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.
Our franchisees receive intensive initial and ongoing training to consult, mentor, facilitate, and train people in all businesses to achieve the success they desire - whether it involves starting up, increasing profitability, improving employee performances or implementing systems, managing, expanding, or exiting the business. Our AdviCoaches operate their business consulting practice with the support of Business Advisers International . Anyone with general business experience who will enjoy helping those in business achieve their goals will make a successful Business Adviser franchisee.
Are you ready to become an AdviCoach franchisee and make a difference, while building your wealth, equity and security for you and your family? Do you seek a lifestyle and an income with the personal satisfaction that comes from helping others? If you're ready to seriously consider a proven franchise with a world-class training system, your own personal advisor who is also a franchisee, and immediate access to a network of experienced business advisors, we're ready for you to learn the AdviCoach advantage!