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Updated RecentlyExpense Reduction Analysts vs Veteran Franchise Centers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Expense Reduction Analysts vs Veteran Franchise Centers 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 | $47,550 - $95,800 |
| 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 | - | Most franchise companies require an acceptable net worth and a liquid capital investment, which can be in the form of cash, securities, 401K, or home equity. Veteran Franchise Centers partners with franchise companies at all investment levels, however the following are minimum requirements: *Typically a minimum of $10,000 cash is required and a net worth of $50,000. *Investments by friends, family, or partners can be included. *A reasonable credit score. |
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 | � 5 Days Initial Training |
| 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 | � Ongoing Support, Education & Training |
| 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 Veteran Franchise Centers
How to Make a Great Living Helping Veterans. For years, you've worked hard at helping others be successful with their business. And wondered� how do I take my knowledge and drive and create a good business for myself? What's the best way to provide financial security for my family? Why Shouldn't This be Your Time? Are you ready to go from good to great? Veteran Franchise Centers is seeking hard-charging individuals that want to own a business that is lifestyle friendly and incredibly rewarding. As Veteran Franchise Centers owner, you work in a commercial office setting, setting your own hours. Discover our company and see how and why we do things differently. Are you ready to work for yourself and create your own success? Contact us today to see how you can reserve your territory and get rolling on this before someone else takes the advantage. Veteran Franchise Centers provides free consulting to veterans, their spouses, and military families seeking franchise business opportunities. As an affiliate of RecruitMilitary, the largest military to civilian job sourcing company, we reach hundreds of thousands of veterans annually; giving us unparalleled franchise marketing capabilities to veterans. As an owner your benefits include: � Earn Money by Helping Franchise Companies Grow � Ongoing Veteran Client Leads Provided � Proprietary Candidate Management System � Financial & Banking Partnerships � Grand Opening & Ongoing Marketing Programs � Protected Primary Market Area � Social Media & Online Marketing Programs