Expense Reduction Coaching
Cost-reduction services and coaching

Expense Reduction Coaching
Cost-reduction services and coaching

About
Founded

1993

Franchising Since

2001 (19 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

Related Franchises

Request Free Info

Lendio Franchising

See More

Sunbelt Business Brokers

See More

Fiesta Auto Insurance and Tax

See More

ActionCoach

See More

The Alternative Board (TAB)

Request Free Info

InXpress

See More

Payroll Vault Franchising LLC

See More

ACFN

Franchise Articles

Australian Trampoline Park to Invest INR 150-200 Crore Across India

Australian Trampoline Park to Invest INR 150-200 Crore Across India

Witnessing a small venture become hugely successful and garnering good numbers in terms of revenue within 365 days of its operation is a rare scenario, and indoor trampoline park Bounce Inc is moving on those footsteps
Priyadarshini Patwa | 6 min read
5 Things Franchise Owners Should Know About the New Department of Labor Rule on 'Joint Employment'

5 Things Franchise Owners Should Know About the New Department of Labor Rule on 'Joint Employment'

The Trump administration's new rule will change what qualifies as joint employment.
Jessica Thomas | 4 min read
The Top 20 Franchises of 2020 From the Entrepreneur Franchise 500

The Top 20 Franchises of 2020 From the Entrepreneur Franchise 500

These 20 franchises start the new decade atop our Franchise 500 list.
Matthew McCreary | 10 min read
Mark Wahlberg's Secret to Becoming More Disciplined

Mark Wahlberg's Secret to Becoming More Disciplined

The actor and entrepreneur's greatest business asset is his own diligence.
Jason Feifer | 12 min read
Franchise 500: Our Definitive Ranking of 2020's Strongest Franchises

Franchise 500: Our Definitive Ranking of 2020's Strongest Franchises

Get to know the year's top trends, toughest brands, and explore what might be your best opportunity.
Entrepreneur Staff | 7 min read

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

Entrepreneur Media, Inc. values your privacy. In order to understand how people use our site generally, and to create more valuable experiences for you, we may collect data about your use of this site (both directly and through our partners). By continuing to use this site, you are agreeing to the use of that data. For more information on our data policies, please visit our Privacy Policy.