Expense Reduction Analysts (or ERA) is a white-collar international franchise organisation focused on delivering cost savings to businesses across a complete spectrum of industries and sectors, for more than 30 years.
Our international network consists of more than one thousand people who are responsible for acquiring new clients, generating new business, and delivering cost saving projects.
We have approximately 70 full time staff around the world offering support services in terms of marketing, operations, IT, training and business development to our network of franchisees.
Our company mission is focused on delivering cost savings using our time-tested methodology, which helps our clients to improve their cash flow and financial flexibility, so they can reinvest in their future success. Whilst reducing costs is a core component of what we do, our industry specialists look at virtually everything, which enables us to improve processes and increase efficiencies in a huge variety of ways.
Our business model operates on a contingency basis (“no savings, no fee”), meaning we only take payment when we can provide savings and our fee comes directly from the savings we generate, which essentially means there is zero financial risk and no up-front costs involved in engaging with our business (clients do not need a budget to begin working with us).
We strive to become trusted partners for our clients, offering them complete transparency and control throughout the duration of the relationship.
Why Choose ERA?
Proven Business Model: ERA provides a time-tested methodology and business model that has consistently delivered value to clients and financial success to franchisees for over three decades using our No-Win, No-Fee approach.
Global Network: You become part of a vast, international network of like-minded professionals, creating opportunities for collaboration, sharing expertise, and delivering value to clients
Award-Winning Support: ERA offers comprehensive training programs, award-winning marketing support and local operational and business development support, ensuring you have the knowledge and resources to succeed in cost optimization consulting.
High Earning Potential: As an ERA franchisee, you can build a recurring monthly income stream with substantial net profit, providing significant financial rewards.
Diverse Clientele: ERA’s broad range of clients from various different industries offers ample opportunity to apply your expertise to different cost categories, maximizing your earning potential.
Mentoring: ERA’s mentoring program is a valuable resource, connecting franchisees with experienced peers who offer guidance and support. This program fosters growth, enhances knowledge, and ensures new franchisees have the tools and advice needed for success in their consultancy practice.
Who are we looking for?
Optimising businesses and uncovering profits is hugely rewarding in so many ways. As a consultant and trusted advisor, you will build deep mutually respectful relationships with each of your client’s C-suite. Through leveraging the expertise in the ERA network, you can build project teams to uncover profits across 40+ areas of each client’s business.
With ERA consultants operating in 50+ countries, your project teams can serve large multi-nationals across the world. With ERA you will have your own business optimisation consultancy as part of a truly global network.
Overwhelming desire to succeed in business
Confident and credible professional
Fantastic people skills
Client Acquisition, Client Management or Category Specialism experience
Ability to develop and build client relationships
Experience and familiarity with the corporate world
Driven to build a better future for yourself
Hunger, proactivity, ambition and energy – combining these core pillars with your corporate experience is the rock-solid foundation from which you can build a truly successful business standing alongside ERA.
Ultimately, what you put into it is what you get out of it – if you’re driven to succeed, our tried and trusted model and world-class support network can help deliver the results you want.
Sounds like something you want to be part of? Then we’re ready to hear from you.
What Support do we provide?
Expense Reduction Analysts stands out in the franchise world not only for its proven business model but also for its unwavering commitment to providing extensive and comprehensive support to its franchisees. ERA recognizes that franchisee success is the cornerstone of the company’s success and is dedicated to helping franchisees achieve their business goals.
Training and Development:
ERA franchisees undergo a rigorous and thorough training program. The initial foundation training is a two week program designed to equip franchisees with all the skills and knowledge needed to excel in expense reduction consulting. This training covers various aspects of the business, from understanding ERA’s methodology to learning how to build strong client relationships and generate savings. After the initial training, franchisees continue to receive ongoing education and professional development opportunities. ERA’s commitment to training ensures that franchisees are well-prepared to provide top-tier service to their clients.
IT Support:
In the digital age, IT support is crucial for business success. ERA understands this, which is why we offer round-the-clock IT support to our franchisees. This support ensures that franchisees have access to the technology and tools they need to streamline their operations, serve their clients efficiently, and stay ahead in the competitive consulting landscape.
Marketing:
ERA’s global marketing team provides invaluable support to franchisees. From collaterals to digital campaigns, webinars, and email marketing, ERA offers a comprehensive “Marketing Playbook” that guides franchisees on when and how to deploy various marketing tools during client engagement. This support helps franchisees build their brand, attract clients, and grow their consultancy practice.
Local Support:
ERA operates with a collaborative network approach. Franchisees are not alone in their journey; they are part of a diverse and supportive community of fellow consultants. This network offers local support and collaboration opportunities. The franchisees collaborate on projects, share insights, and work together to deliver the best results for their clients. ERA’s local support system ensures that franchisees can leverage the collective expertise of their peers.
Our commitment to our franchisees extends beyond these key areas, including ongoing communication, regular regional meetings, and recognition of franchisee achievements. By maintaining open channels for feedback and ideas, ERA ensures that franchisees have a voice in shaping the brand’s future.
Cost:
The cost of an Expense Reduction Analysts franchise in the UK is competitive and offers an accessible entry point for aspiring entrepreneurs. The initial franchise fee is £39,950 plus VAT. In addition to this fee, franchisees should account for working capital, the exact amount of which may vary based on individual circumstances.
While the initial investment is modest compared to many other business opportunities, it is important to consider the potential return on investment. ERA franchisees have the opportunity to build a substantial income stream, with typical net margins ranging from 50% to 60%. As the consultancy practice grows, so does the value of the business, making it a valuable asset to sell in the future. This affordable yet potentially highly rewarding investment in an ERA franchise is a pathway to entrepreneurial success.
Next Steps?
Complete the contact form on this page and a member of the ERA Network Development team will reach out to you to provide more information on the business opportunity including an invitation to attend our next ERA Business Opportunity webinar.
Your discovery journey involves a series of informative and interactive actions to help you explore this opportunity thoroughly. Throughout this process, ERA’s recruitment team will guide you and provide support, helping you make an informed decision about joining our franchise network. It’s important to conduct thorough due diligence, ask questions, and consider whether this opportunity aligns with your career aspirations and personal goals. ERA is committed to supporting prospective franchisees every step of the way, ensuring they make an informed and confident decision.