Business Franchises

Expense Reduction Analysts

B2B consultancy that offers cost optimisation services

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Min. investment

£39,950.00

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Total investment

N/A

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Coverage

Worldwide
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Franchise Fees

N/A

About Expense Reduction Analysts

Expense Reduction Analysts (ERA) was established in 1996 with a view to providing overhead cost optimisation and supplier management in the B2B sector. To date, the franchisor has a network of 93 franchises and over 700 consultants from around the world, present in 47 countries. Whether you choose a solo consultancy or a fully-fledged practice with several employees, now is your chance to grab this opportunity with both hands!

What They Offer

As a B2B consultancy that offers cost optimisation services, some of ERA’s clients include businesses such as hospitals, colleges, schools, charities, non-profit organisations and many other highly profitable businesses around the world. ERA’s expertise spans over 40 different cost areas. As a result, with your expertise, you will be able to advise businesses on how to get the best from suppliers. This will help to boost business performance by providing tailored solutions, which generate success and growth.

By using ERA’s proven analysis, research, implementation and monitoring methodology, you will help clients to: improve internal processes, manage supplier relationships, benchmark prices, conduct tendering exercises and integrate and identify new suppliers.

Your cost optimisation practice will include areas such as:

  • Banking, Financial Services and Insurance
  • Corporate and Admin Support Services
  • Energy and Utilities
  • Facility and Property Management (FPM)
  • Information and Communication Technology (ICT)
  • Logistics and Distribution
  • Maintenance, Repair and Operating Supply (MRO)
  • Medical and Pharmacy
  • Personnel and HR Services Delivery
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The Franchise Offering

The ERA model is based around an attractive “No Savings, No Fee” business proposition to clients. As a result, franchisees share in what they save their clients. This enables you to get out of the business what you put in. Target clients will include businesses with annual turnovers of £10 million to £100+ million. According to the franchisor, the number of clients you attract will be less important than the number of projects. This means that it’s better for you to foster strong relationships where clients provide you with multiple projects to work on. The franchise package is for 10 years and it includes bespoke IT software & systems, with near 24-hour support, and access to a variety of high-quality marketing collateral delivered by an award-winning marketing team.

Who Are They Looking For?

As a white-collar franchise, ERA is looking for business experts and commercial professionals who have a desire to build their own business. What’s even better is that there is no need for printed materials or for a dedicated office. All that’s required is a laptop and travel means, when required.

The Cost

The ERA investment level is £39,950 and you’ll be able to build a recurring monthly income stream with net profit in the region of 60% and 70%. You’ll also have considerably low overheads for running your business. According to ERA, solo consultants with around 10 clients have the potential to earn up to £250,000 per year. Your growth will be dependent on your efforts.

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Training and Support

ERA has cultivated a dedicated in-house franchisee support programme to give your consultancy the boost it needs. During your first six months in business, ERA business growth experts will assist new franchisees in creating and delivering bespoke campaigns to generate leads and client introduction meetings with prospects through the Power Assist programme.

In addition to this, every ERA franchisee will have complete access to a two-week training programme, up to six months of one-to-one coaching and mentoring, a dedicated sales prospector, and dedicated and ongoing in-field support. All this alongside their highly experienced sales and marketing team.

Training and support

Next Steps

If you’re contemplating pursuing this franchise opportunity, send an enquiry and request further information. It’s easily done – fill out this form and submit it. It will take just seconds.

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