Expense Reduction Analysts: Time to unlock your potential | Global Franchise
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Wednesday 7th December, 2022

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Expense Reduction Analysts: Time to unlock your potential

Case Study

Expense Reduction Analysts: Time to unlock your potential

With a global focus on cost and process optimisation, now is the time to build a franchise with Expense Reduction Analysts.

With a global focus on Cost and Process Optimisation now is the time to build a franchise with Expense Reduction Analysts.

Cost and Process Optimisation are key priorities for CFO’s and Financial Leaders across the globe as they look to combat the rising costs of operating in today’s economy. This statement is supported by the recently published Global Insights report (credit Michael Page).

Results from nearly 3,000 financial leaders surveyed across 70 countries revealed that Cost and Process Optimisation are their main strategic focus for the foreseeable future.

In fact, 60% of those surveyed consider Cost and Process Optimisation as essential to their business strategy over the next 24 months.

As an award-winning international franchise, this represents a significant opportunity for Expense Reduction Analysts (ERA) and their network of more than 650 franchisees based in more than 35 different countries.

ERA franchisees can combine their experience with the expertise of an international network to generate process improvements and offer tangible financial savings in a variety of different industries and areas of cost for their clients. Acting as trusted advisors they deliver this service to thousands of companies worldwide and review millions worth of spend every year.

However, they are not resting on their laurels as they look to take advantage of this opportunity through strategic expansion, encouraging commercially astute individuals to join their network and capitalise on the existing experience in cost & process optimisation.

With such an extensive wealth of analytical knowledge already in the network, you don’t have to be an analyst or cost specialist to join ERA. Many of the franchisees within the network bring extensive experience from Commercial and Sales focused backgrounds.

These individuals tend to align their efforts on client acquisition and sales, leveraging the knowledge and expertise of the analysts in the network to provide comprehensive solutions, without being involved in the analytical process themselves.

For commercial professionals looking to build a successful B2B business, ERA offers a proven business model and established methodology for cost optimisation, with more than two decades of experience in the market. This established platform gives each ERA franchisee a distinct advantage against their competitors, when addressing these strategic focal points for clients around the world.

Better Positioned

ERA Chairman, Fred Marfleet concurs “We are better positioned today than we have ever been. Our model and structure fit the current, fast changing business scene and is extremely well suited to today’s economy.”

Each new franchisee is provided with extensive professional training and mentoring, delivered by ERA’s dedicated inhouse Training Academy, with a focus on how to sell the service and deliver tangible cost and time savings to their clients.

In addition to this is a full support service provided by Marketing, IT, Compliance, Finance, Professional Development and Administrative teams driven to help each franchisee in establishing a successful B2B Consultancy.

This training and professional support gives franchisees the skills and confidence they need to deliver a professional consultancy service and unlock the potential of market no matter their professional background. In fact, and as mentioned earlier, many of their franchisees come from a sales focused background, 24% to be more precise and given their comparatively low professional experience in cost management, it’s impressive how successful these individuals are within the ERA network.

“Expense Reduction Analysts, at its’ core, is an international network built on collaboration and leverage between people, based on the unique methodologies and processes ERA has developed over the last 25 years.” states Dani Girolami, Franchise Sales Manager for Expense Reduction Analysts, “As a Franchise, through our experience, business expertise and passion, we deliver indispensable and ongoing value to clients. We take great pride in the quality and professionalism of our global network and are always looking for talented individuals to join our business whether that be in existing markets with established networks or in new territories through the sale of Master licenses.”

Global Network

With support from the Franchisor and an experienced highly specialised global network around them, franchisees are given every opportunity to succeed and build a future for themselves and their families.

However, establishing any business takes work and ERA believes that you should have a little fun along the way – success is a journey, not a destination. They have worked hard to create a culture where work and fun are part of their DNA. They call it ‘enjoying the journey’ and believe that by being together more often, their network goes from strength to strength. Their annual social calendar includes regular regional franchise partner meetings, national and international conferences, bespoke networking events and additional training opportunities.

In creating such a well rounded and established business, ERA offers an unrivalled package to potential franchisees from any background wanting to operate a B2B Consultancy focused on cost and process optimisation. Chairman and Founder Fred Marfleet is encouraged by what the business has achieved in over 25 years and sees a bright and exciting future ahead for all involved.

“Our vision is to continue unlocking potential and that applies equally to our franchise partners, clients and employees. By remaining humble, honest, and striving to put our clients’ needs first, we foster our business and achieve our mission. I am proud of what we have achieved so far, and I am incredibly excited about the future ahead.”


AT A GLANCE

Name of franchise: Expense Reduction Analysts
Established:1992
Number of outlets: 650+
Location: Worldwide
Investment range: $50,000 – $100,000 (single-unit) $150,000 – $1,000,000 (Area or Master).
Minimum required capital: $50,000
URL: www.expensereduction.com
Contact: joinus@expensereduction.com

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