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Updated RecentlyExpense Reduction Analysts vs FranExpert Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Expense Reduction Analysts vs FranExpert 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 | $9,995 - $14,995 |
| Franchise Fee | $59,900 | N/A |
| Royalty Fee | 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 | - |
| International Expansion | Yes | - |
Company Overviews
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.
Veteran Incentives $5,000 off franchise fee
About FranExpert
Start a Successful Career in Franchise Consulting Are you in the market for a new career or business opportunity and enjoy helping others achieve their goals? If so then a career in franchise consulting could be just the thing for you. FranExpert consultants help others find the perfect franchise based on goals, experience, investment and market and earn very attractive commissions in the process. As a franchise consultant you can: * Work in a multi-billion dollar industry. * Help others achieve their goals. * Earn $6,000 - $24,000+ per deal. * Work from home or a small office. * Work full or part time. * No inventory to manage. * No employees to manage. Become a Professional Franchise Consultant FranExpert offers all the tools, training and support you need to start your own franchise consulting business. When you become a FranExpert franchise consultant you will get: * World class training and ongoing support. * Senior consultant mentoring program. * Immediate access to over 100 franchises to sell. * Franchise selection assistance. * Professional website. * Professional software to manage your clients. * Access to leads and other marketing methods. The Investment FranExpert offers one of the best return on investment opportunities available with one of the lowest initial investments in the industry and creative financing to help you get started quickly and achieve rapid success with your business.