Expense Reduction Analysts vs Network In Action Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Expense Reduction Analysts vs Network In Action including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Expense Reduction Analysts Franchise
Network In Action Franchise
Investment $66,000 - $85,900$19,710 - $47,700
Franchise Fee $59,900$17,000 - $40,000
Royalty Fee 15%9%
Advertising Fee 3%-
Year Founded 19922015
Year Franchised 19922016
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $5000-


Business Experience Requirements
 
Expense Reduction Analysts Franchise
Network In Action Franchise
Experience --

Financing Options
 
Expense Reduction Analysts Franchise
Network In Action Franchise
  In-House/3rd PartyIn-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
 
Expense Reduction Analysts Franchise
Network In Action Franchise
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
 
Expense Reduction Analysts Franchise
Network In Action Franchise
US Expansion YesYes
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 Network In Action

Network In Action Intl. believes that the perfect mix of technology and face to face networking will help your business grow. We expect our partners business to increase 20% within the first year. An actual ROI measurement is offered as part of your membership. We will see where your business is and figure out how to help you grow by 20%.
We are now offering franchise opportunities across the country. Contact us to see if your area is available.