- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$66K - $74K
- Unit data is unavailable
-
N/A
Company Overview
About Expense Reduction Coaching
Industry | Financial Services |
---|---|
Related Categories | Business Financial Services, Miscellaneous Business Services, Miscellaneous Financial Services |
Founded | 1993 |
Leadership | Terry Powell, CEO |
Corporate Address |
900 Main St. S., Bldg. 2 Southbury, CT 06488 |
Business Overview
Franchising Since | 2001 (24 years) |
---|---|
# of employees at HQ | 35 |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Expense Reduction Coaching franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$45,000 |
---|---|
Initial Investment
|
$66,000 - $74,250 |
Net Worth Requirement
|
$199,000 |
Cash Requirement
|
$66,000 |
Veteran Incentives
|
15% off franchise fee |
Royalty Fee
|
5-15% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Expense Reduction Coaching has relationships with third-party sources which offer financing to cover the following: franchise fee |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Classroom Training | 5 days |
---|---|
Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Field Operations
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
No |
# of employees required to run | 1 |
Are exclusive territories available?
|
Yes |
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Expense Reduction Coaching.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
These Are the Top Food Franchises of 2025
In one of the industry's most competitive categories, these brands rise above the rest.
She Was a Lawyer with No Restaurant Experience. Now, She's Reviving an Iconic Restaurant Chain.
As its U.S. locations dwindle, one brand is betting big on its new CEO to engineer a comeback.
Discover the Ultimate in Family Entertainment Franchises with Urban Air Adventure Park
Urban Air Adventure Park offers an exciting, proven business model with multiple revenue streams, including trampoline arenas, climbing walls, ropes courses, and more.
Want to Start a Business? Meet 2025's Top 150 Emerging Franchise Brands.
If you want to stay on the cutting edge of the franchise industry, these are the companies to consider.
This Is The One Video Every Emerging Franchise Should Start With
Emerging franchisors are often told to prioritize sales decks, FDDs and digital ads. But if you're not capturing this story on video, you're skipping the one thing that builds trust faster than anything else.
Your Business Doesn't Need to Be Perfect — Here's How Customer Loyalty Really Works
It's not a one-time achievement, building customer loyalty a continuous process of building trust by showing up, delivering value and being reliable.