Expense Reduction Coaching
Cost-reduction services and coaching
Expense Reduction Coaching
Cost-reduction services and coaching
About
Founded
1993
Franchising Since
2001 (17 Years)
Corporate Address
900 Main St. S., Bldg. 2
Southbury, CT 06488
CEO
Terry Powell
Financial Requirements
Initial Investment ⓘ
$66,000 - $74,250
Net-worth Requirement ⓘ
$199,000
Liquid Cash Requirement ⓘ
$66,000
Ongoing Fees
Initial Franchise Fee ⓘ
$45,000 - $45,000
Ongoing Royalty Fee
5-15%
Financing Options
Expense Reduction Coaching has relationships with third-party sources which offer financing to cover the following: franchise fee
Veteran Incentives
15% off franchise fee
Support Options
Ongoing Support
Newsletter
Meetings/Conventions
Toll-Free Line
Online Support
Field Operations
Marketing Support
Ad Templates
National Media
Regional Advertising
Classroom Training:
5 days
Additional Training:
Ongoing virtual training, mentor
Absentee Ownership Allowed
Number of Employees Required to Run:
1
Bio
Expense Reduction Coaching (ERC) franchisees use ERC's proprietary software to help companies reduce long-term costs and profit by sharing 50 percent of the newfound cost savings. Franchisees analyze each client’s expenses, negotiate with suppliers and
make recommendations.
Expense Reduction Coaching is part of Franchise Source Brands International, which also franchises The Entrepreneur's Source, AdviCoach, Business Partner Marketing Coach, Expense Reduction Coaching, Decor&You and DigiKids.
Cost
Initial Investment: Low - $66,000
High - $74,250
Units
Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.
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