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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

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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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