Expense Reduction Coaching Franchise Information

Fund Your Franchise with Guidant

Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

Initial Investment

LOW: $66,000

HIGH: $74,250

Change in Units

Company Profile

Founded

1993

Franchising Since

2001 (16 Years)

Corporate Address

900 Main St. S., Bldg. 2 Southbury, CT 06488

CEO

Terry Powell

About Expense Reduction Coaching

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 clientâ€™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.

Financials

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

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training at headquarters: 5 days

Additional Training: Ongoing virtual training, mentor

Ongoing Support

Newsletter

Meetings

Toll-Free Line

Internet

Field Operations

Marketing Support

Ad Slicks

National Media

Regional Media

Absentee Ownership Allowed

Number of employees required to run: 1

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: July 16th, 2014

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Promoted Opportunities

Initial Investment

Change in Units

Company Profile

Founded

Franchising Since

Corporate Address

CEO

About Expense Reduction Coaching

Financials

Financial Requirements

Initial Investment

Net-worth Requirement

Liquid Cash Requirement

Ongoing Fees

Initial Franchise Fee

Ongoing Royalty Fee

Financing Options

Units (Locations)

Operations & Franchisor Support

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