My Queue

Your Queue is empty

Click on the next to articles to add them to your Queue

Franchise: Expense Reduction Coaching

Initial Investment
LOW:$66,000
HIGH: $74,250
Change in Units

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Internet
Field Operations
Marketing Support
Ad Slicks
National Media
Regional Media

Training at headquarters: 5 days

Additional Training: Ongoing virtual training, mentor

Absentee Ownership Allowed

Number of employees required to run: 1

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 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.

Founded

1993

Franchising Since

2001 (16 Years)

Corporate Address

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

CEO

Terry Powell

Units (Locations)

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

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

Free Franchise Consultation
Fran Choice We've helped over 5,000 people find the right franchise. Get a FREE consultation and find out how you can be next.
Start Now
Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Franchise Articles

The 5 Best Retail Franchises You Can Buy Right Now

Are you a natural salesperson? Then take full advantage with a retail franchise.

Why Fitness Franchises Are Booming

With aggressive expansion strategies and low membership costs, fitness clubs are looking to rapidly expand -- and franchisees are lining up to get in on the action.

Success Speaks For Itself: Whissle Hospitality Group

The co-founders of Whissle Hospitality Group –the company behind F&B brands like Okku, Claw and more in Dubai are all set to take their enterprise to the next level.

Why a Thriving Business Decided to Expand -- by Buying Into Two Franchises

The family behind a landscape company decided to go wider, not deeper, by investing in two different franchise systems.

Krispy Kreme Fell Apart, Then Came Back Strong. Here's How.

At one point, ice cream and soap was sold at the Krispy Kreme locations.

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

Reprints & Licensing
Update Your Listing
Submit New Listing