Expense Reduction Analysts
Who are we
What to know about Expense Reduction Analysts franchise? Expense Reduction Analysts is a global consulting firm specializing in expense reduction and cost management. They work with companies of all sizes to identify opportunities to reduce costs and improve bottom-line performance. Their team of experienced consultants are experts in identifying cost savings opportunities across a wide range of industries. They have a proven track record of helping clients achieve significant cost savings. The services offered by the company are: comprehensive expense analysis, cost reduction consulting, contract negotiation, procurement services, supplier management, and more. They have many consultants and offices all across the United States. Expense Reduction Analysts provides their franchises with the necessary tools, resources, and training to be successful. They also offer a comprehensive training program and support system to help franchisees get started and grow their businesses. Expense Reduction Analysts is based in Addison, TX. Scroll down to learn more!How much does a Expense Reduction Analysts franchise cost?Are you wondering how much is a Expense Reduction Analysts franchise? Before starting a Expense Reduction Analysts franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Expense Reduction Analysts franchise is $66,000 and can go all the way up to $85,900. Keep in mind, you should also allocate additional funds to live off of while the Expense Reduction Analysts business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Expense Reduction Analysts franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Expense Reduction Analysts business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Expense Reduction Analysts franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.
Franchisees
Updated on Apr 20, 2023Reviews
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Great people, great product, so much more potential than management realizes.
Other franchisees is what makes this group - in spite of uninspired management.
Management has favorites, recruits into areas that others cover.
YesNeutralDisapprovesIt is a very interesting business with an extremely competent level of franchisees.
I really like the business model and the methodology used in the day-to-day business.
In my opinion, branding should be reworked, as in some countries it may not have the same effect as in English-speaking countries.
YesPositiveApprovesThere is great potential for the E.R.A. model, but it will require a different corporate model to harvest the value.
There is the possibility of a high-margin, high-growth business concept.
Corporate makes the process WAY too complicated and implements unnecessary roadblocks that stand in the way of growth. Further, focus is on meaningless things like re-branding when there is almost no market recognition for E.R.A. - What the franchisees need is less hoops to jump through and less nickel & diming us to pay for corporate overhead.
NoNeutralNeutralI am an expense reduction analyst since 2007 and still happy with the business.
the community the opportunity co-operating with other franchisees
nothing to complain of
YesPositiveApprovesIt's OK
Brand and other franchisees
IT system change is poorly managed. Not enough consultation prior to change or support through change. Change priorities focussed on improving things for the franchisor rather than the franchisee
YesNeutralDisapproves
How much will it cost
- $59,900