The ERA Group Franchise
To buy a franchise with The ERA Group, you'll need to have at least $69,000 in liquid capital and a minimum net worth of $150,000. The ERA Group charges a franchise fee of $69,900. They also offer a discount for veterans.
Franchisor Details
Total Units: 1000
Year Founded: 1992
Franchising Since: 2002
Home Office: Addison, Texas
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $69,000
Net Worth Required: $150,000
Total Investment: $76,000 – $105,000
Franchise Fee: $69,900
Royalty Type: After Commencement, $1,000 minimum per month, when revenue 15% (not both)
Vetern Discount: Yes
*The ERA Group is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Values & History
ERA Group is committed to finding the cost-savings solutions that work for our clients' organizations. For over 25 years, our consultants have developed a proven track record in providing results-oriented, cost-management solutions to thousands of clients, across more than 25 countries worldwide.
Industry Performance
Awarded "Best White-Collar Franchise" at the Global Franchise Awards 2018 & 2019, Expense Reduction Analysts has more than 650 franchisees operating in over 35 countries worldwide. Our public and private sector clients include businesses, hospitals, municipal authorities, schools, charities, and non-profit organizations. They also include some of the world's most successful companies and brand leaders. With the number of jobs for U.S. business analysts projected to increase to 2,720,000 by 2020 according to the BA Times, now is an opportune time to join this growing industry. In a thriving economy, growing organizations desperately need to keep control of rapidly rising costs. In a recession, the first thing businesses look to address is their business operating costs.
Training & Support
We invest heavily in our franchisees because when you succeed, we succeed. The Expense Reduction Analysts franchise opportunity is different from other opportunities in the procurement and supply chain industry. We support our franchisees with knowledge, expertise, methodologies, and processes built from over 25 years of experience to help make your business as successful as possible.
Our franchisees can expect ongoing and extensive support from day one, provided by an international team of over 60 full time staff members based in our European, American, and Australian support centers, and speaking over 18 different languages. In addition, almost 50 Area Directors provide local support to franchisees and help to develop the business in their respective territories. Support you will receive includes:
- Marketing
- Information Technology
- 18-Month Start-Up Program
Ideal Candidate & Qualifications
The value of ERA lies in the breadth of expertise and variety of professional experience within our global network. This allows our franchisees to collectively service the needs of every client, no matter the size or industry.
All of our franchisees are self-employed business people who share the same entrepreneurial drive and desire to build a successful business of their own. We are therefore looking for motivated and enthusiastic professionals with relevant corporate experience in one or more of a variety of different areas including sales, project management, engineering, banking, finance, general management, and purchasing, or with expertise in sectors such as facility management, logistics, packaging, telecommunications, energy, and office supplies.
If you have a proven track record in leadership roles or management positions, possess excellent communication, sales, and negotiating skills, or can demonstrate high levels of expertise in a specific sector or expense category, then we want to talk to you about operating your own cost management consultancy with ERA.
Purchasing an Expense Reduction Analysts Franchise
Given the number of franchise options available, Expense Reduction Analysts represents one of the lowest cost investments for potential business owners. The total initial investment to open your own Expense Reduction Analysts franchise ranges from $76,000 to $105,000, including an initial franchise fee of $69,900. You must have at least $150,000 in liquid capital. We are also proud to offer a discounted franchise fee to military veterans.
The ERA Group is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
The ERA Group is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.