Expense Reduction Analysts Launch United States Expansion

Several million business executives are currently focusing on one thing – growing their business.  These executives are so focused on growth, they rarely have time to research cost-comparisons for non-core expense items such as telecommunications, office supplies, overnight delivery and other administrative expenses.

The first Expense Reduction Analysts Franchise opened in the United Kingdom in 1992 and now 120 licensees operate in the UK.  The concept has aggressively grown for 12 years, with a worldwide presence on five continents.

With a growing success overseas helping businesses gain control of spending, Expense Reduction Analysts recently announced expansion plans into the United States, adding to the company’s existing 400 licensees that currently operate in 23 different countries.  Expense Reduction Analysts USA have attracted 17 of the 34 projected area developers, and company projections estimate the balance will be awarded by 2005.  In addition, the company plans to add 700 franchisees throughout the next five years.

Expense Reduction Analysts specializes in cost reduction management, assisting businesses reduce overhead expenses and boost profit margins.  The company is targeting businesses in the United States with revenues in the $5- to $250-million range. 

“We provide a significant earning potential to our franchisees, which allows them to grow their business to the size they desire,” said John Barry, chief executive officer of Expense Reduction Analysts.  “Expense Reduction Analysts provides the most innovative cost reduction plans for all types of businesses in every industry imaginable.

”The U.S. market is spearheaded by CEO John Barry.  Barry brought the Expense Reduction Analysts concept to the United States in early 2003, and quickly added Jon Elliott as director of Franchising to assist him in the task.  The two have already grown the business to include 17 area developers and five franchisees.

Barry has been both a franchisor and franchisee, including experience as a CPA and CFO, which gives him extensive experience in cost management.  Elliott brings more than 35 years of franchise development to the Expense Reduction Analysts team, having served as director of franchising for several well-known concepts.

Franchise Package

“We have the most unique franchise concept available to like-minded executives looking for a business-to-business franchise,” said Elliott.  “Our franchisees don’t sell a product, have no inventory, no real estate expenses, and our concept is recession-proof.

”The business executive best-suited to own an Expense Reduction Analysts franchise will have experienced success at a large company, as a high-level executive in sales, marketing or accounting.

“People gravitate toward us because they understand cost reduction, and want the help of a worldwide network to help them start a business,” added Elliott.  “The most successful franchisees are the ones who bring the most savings knowledge to the table.

”Franchisees earn money by networking with businesses in their territory, and cross-selling with other area and regional developers throughout the United States.  Expense Reduction Analysts franchisees become part of a peer group, added Elliott.

Executives that want to own an Expense Reduction Analysts franchise have two options: become an area developer or regional developer.  Expense Reduction Analysts have designated 34 territories in the United States for area development.  Area developers will need six months of working capital and $200,000 to purchase a designated territory.  Area developers are assigned a territory with 7,500 target businesses, and have the exclusive rights to add up to 25 franchisees (regional developers) in their territory.  Those entrepreneurs wanting to join Expense Reduction Analysts as a regional developer will need six months of working capital and $57,500 for the franchise fee.

Expense Reduction Analysts franchisees receive extensive training and proprietary software as part of the franchise package.  Training includes a seven-day program with corporate support staff and the franchisee’s area developer.  After the seven-day training program, franchisees receive support as often as needed from their area developer and the corporate staff.  The proprietary software is intended to assist franchisees with business operations and sales management.

“Our training program goes beyond a ‘grand opening,’” said Barry.  “We help set and encourage franchisees to attain goals and benchmarks beyond day one.  In fact, the first two years as a franchisee are the most crucial in terms of success.” 

Expense Reduction Analysts’ client list includes prominent companies like Merrill Lynch, Compaq and Valvoline.  

About Expense Reduction Analysts

ERA is a cost reduction management franchise, and assists its clients by keeping costs down and profits up.  Today, more than 400 licensees operate in 23 different countries.  The United States corporate office is located in San Diego, Calif. where franchisee support and training is set. 

Request Franchise Information From Expense Reduction Analysts
	Expense Reduction Analysts Are you someone with solid business experience who is looking for a credible business that’s professionally stimulating and financially rewarding? As an Expense Reduction Analysts consultant, you’ll show companies how to save money on everyday operating costs in one of the few white collar franchise opportunities available.   Snapshot Home Based: Yes Training: Yes Support: Yes

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