Expense Reduction Analyst

Startup Costs: $2,000 - $10,000
Part Time: Can be operated part-time.
Franchises Available? Yes
Online Operation? No

Calling all seasoned business managers, controllers, CFOs, operations managers, accountants and administrators! You can greatly profit from your business experience and budgeting skills by starting an expense reduction consulting service aimed at all businesses, from small and local to multinational corporations. Expense reduction consultants provide clients with a multitude of services: developing short- and long-term budgets, analyzing fixed and variable overhead, increasing employee productivity, analyzing product and service costs and developing expense reduction strategies to meet each client's specific needs. The objective of the expense reduction exercise is to uncover costs associated with doing business that can be reduced or eliminated entirely while maintaining or increasing the overall efficiency, productivity and profitability of the business. Many expense reduction consultants specialize in their field of expertise'manufacturing, food services, retail, or small business, for example. The most powerful marketing asset that expense reduction specialists have at their disposal is the fact that through analysis of business operations, they generally save clients anywhere from 2 to 50 times their consulting fees in expense reduction savings.

The Market

Business owners as well as large corporations.

Expense Reduction Analyst Ideas

Leasing Agent

Connect clients with companies leasing the products they want.

Venture Capital Broker

Help entrepreneurs who need funding connect with VC firms.

Stock Day Trader

Consider investing in this business if buying and selling is your specialty.

More from Business Ideas

Side Hustle

'No One Took Me Seriously,' Says Gen Zer Who's Changing How People Date — Now Her Side Hustle Earns Up to $4,000 a Month

Maxine Williams was working as a news video producer when she saw an opportunity to help people connect.

Side Hustle

This Former Disney Princess Lived 'Paycheck to Paycheck' Before Starting a Side Hustle at Home — Now She Makes $250,000 a Year

Victoria Carroll's income was "sporadic" until a friend encouraged her to take her talents to Fiverr in 2018.

Side Hustle

This Mom Started a Side Hustle on Facebook — Now It Averages $14,000 a Month and She Can 'Work From a Resort in the Maldives'

Heather Freeman was searching for a way to make some extra cash — and her cousin gave her a great idea.