Save with Expense Reduction Analysts

Expense Reduction Analysts (ERA) is a specialised cost and supplier management consultancy focused on delivering improved business performance to clients of all sizes in both the private and public sectors. Operating in over 45 countries with more than 750 partners, Expense Reduction Analysts provides deep industry expertise in a wide variety of business cost areas, working with mid-sized companies to many internationally well-known names.

Some companies spend more than 40% above their optimum annual operating costs. This is often due to a lack of human resources, or the appropriate knowledge or experience to be able to maintain control over their expenses and supply chains. By managing the purchasing process, ERA helps companies to identify and maintain control over these expenses – adding significant long-term savings while adding to the company’s value.  

ERA is so confident with their analytics, they even offer new clients a ‘No Win, No Fee’ option. Franchise partners engage in high potential operations whereby over a two-year period an agreement is made to share in any savings made. If ERA fails to achieve any savings the customer is not charged. Working on a success fee basis, franchisees have an earning potential above 6 figures annually and benefit from relatively low overhead costs.

To date, Expense Reduction Analyst has already completed over 18,000 implemented projects. ERA has won countless awards across world markets. They are also number one in the world for business strategy, supply chain and cost management, winning Best White Collar Franchise at the Global Franchise Awards the last three years running.  

Their client list includes all kinds of enterprises including hospitals, universities and schools, charities and non-profit organisations. Clients also include some of the world's leading brands such as IKEA, 7Eleven, Paul Smith and Decathlon.

Founder and Chairman of Expense Reduction Analysts, Fred Marfleet said that during the global market recession of 1992, he was looking to start a low-risk business in the service sector. He came across this concept while in the US and with that idea built a small consulting business out of London. This idea proved to be successful, and in 1997 they started to franchise ERA fully in the UK and Australia.

“Three of the first eight franchisees in the UK are still with ERA after 21 years,” Mr Marfleet said in an interview.  

“Our model and structures fit the current, fast-changing business scene and is extremely well suited to today’s economy. Our vision is to continue unlocking potential and that applies equally for franchise partners, clients and employees. By remaining humble, honest, and striving to always put our clients’ needs first, we foster our business and achieve our mission,” he said.

“We offer comprehensive training, IT & marketing support to provide franchisees with the platform from which to build a successful business from. We feel this combination of support along with our determination to succeed is what helps us to stand out from the crowd. Our specialists use their experience and expertise to deliver tangible financial savings in a variety of different industries and areas of cost.”

FRANCHISE UNITS

Expense Reduction Analysts franchisees cooperate with each other, creating national and international teams in the implementation of projects for clients. 

• Expense Reduction Analysts has developed a network of +750 partners in 45 countries worldwide.

SUPPORT FOR THE FRANCHISE

• Proven, crisis-proof business model and well-established cost optimisation methodology.
• The right to use the name, brand and logo of "Expense Reduction Analysts" for the duration of the franchise.
• Provision and access to the know-how era, including the operational manual and methodology.
• Access to a global network of over 750 ERA consultants.
• Ongoing support from our operations department.
• Basic training on the ERA methodology, customer acquisition and project implementation based on the ERA methodological framework.
• Additional internal training.
• Coaching to help you transform into an all-round consultant and to support you with customer acquisition.
• Constant mentoring from experienced Franchisees as support in the implementation of projects.
• Specialised IT software - both a database and tools for working in a virtual economic environment.
• IT and ERA systems support.
• Support for the award-winning marketing team that carries out online and digital marketing to develop personal brand awareness.
• Dedicated lead generation support through our Power Assist program.

BASIC NETWORK REQUIREMENTS

• Each franchisee shall bring with them a unique background from commercial and sales through to senior management and operations.
• Partners work together in a joint venture to deliver solutions to clients leveraging the expertise of the 750+ franchisees within the global network.

KEY FIGURES

• Average total investment £44,900.
• 22% net monthly license fee on the franchisee's income.
• 3% net monthly marketing fee on the franchisee's income.
• 10 year renewable franchise licence.