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|Liquid Capital Required:||$80,000|
|Net Worth Required:||$100,000|
|Total Investment:||$66,000 - $90,000|
|Royalty Type:||15% Royalty, 3% National Marketing|
|Financing:||Via 3rd party|
|Incorporated Name:||EXPENSE REDUCTION ANALYSTS, INC.|
|Home Office:||Addison, Texas|
|Awards:||2018 Global Best Business Franchise, Top 100 Entrepreneur, and many more.|
About Expense Reduction Analysts
Expense Reduction Analysts is the world's number one franchise in overhead cost optimization and supply management. For over 25 years our franchisees have enabled businesses to improve profit and gain greater financial scope by reducing business expenditure. As an ERA franchisee, you will help your clients optimize their overhead expenditure and create opportunities for further growth while also minimizing their risk through our "No Savings, No Fee" business model.
Values & History
Expense Reduction Analysts is committed to finding the cost-savings solutions that work for our clients' organizations. Our consultants have assisted organizations across numerous industries including healthcare, manufacturing, professional services, as well as the non-profit sector, to find meaningful savings that can be put back into their business' initiatives. 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.
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.
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 $66,000 to $85,900, including an initial franchise fee of $59,900. You must have at least $100,000 in liquid capital and a minimum net worth of $200,000. We are also proud to offer a discounted franchise fee to military veterans.
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.
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:
- Information Technology
- 18-Month Start-Up Program