Expense Reduction Analysts (ERA)

Expense Reduction Analysts (ERA)

Business financial consulting
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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$60K - $86K
Units as of 2020
678 5% over 3 years

Company Overview

Expense Reduction Analysts (ERA) is based in Addison, Texas. ERA franchisees offer cost-management consulting services, using the company's proprietary E-SCAN's (Strategy-Costs-Alignment-Numbers) to summarize ways to reduce costs and increase profits and working with management teams to implement these plans. Franchises are located in more than 25 countries.

About Expense Reduction Analysts (ERA)

Founded
1984
Parent Company
Expense Reduction Analysts (ERA)
Leadership
Dan Fields, Chief Development Officer

Franchising Overview

Franchising Since
1993 (28 years)
# of employees at HQ
60
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
678 (as of 2020)

Franchisor Information

Social
LinkedIn
Corporate Address
16415 Addison Rd., #410
Addison, TX 75001

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Expense Reduction Analysts (ERA) 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
$59,900 - $85,900
Net Worth Requirement
$150,000
Cash Requirement
$100,000
Veteran Incentives
$5,000 off franchise fee
Royalty Fee
15%
Ad Royalty Fee
3%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
40 hours
Classroom Training
80 hours
Additional Training
Ongoing
Ongoing Support
Newsletter
Meetings & Conventions
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
Yes
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where Expense Reduction Analysts (ERA) landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Expense Reduction Analysts (ERA) ranked on other franchise lists? Find out below.

Ranked #106

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021