Expense Reduction Analysts (now ERA Group) is a global cost-management consultancy franchise. It was founded in 1984 in the UK and later incorporated in the U.S. in September 2002. The company is headquartered in Addison, Texas, with its international headquarters in Kent, UK.
ERA began franchising in 1993 and now operates over 700 units across more than 30 countries. They offer individual Area Representative and Regional Franchise licenses, a model started in November 2002.
Franchisees provide strategic cost-reduction consulting in areas like printing, telecoms, logistics, and supplies. ERA employs a transparent “No Savings, No Fee” structure—clients pay only when savings are realized.
ERA differentiates itself through its proven methodology, collaborative delivery by global experts, and heavy support infrastructure.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Below are some of
Expense Reduction Analysts
key competitors in the
Other Financial Services
sector.
144
$69,900
$76,000
$106,000
n.a.
$297,000
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
?
?
?
?
?
?
A comprehensive and transparent look at franchising finances. The inclusion of profit margins and disclosure documents offers insights you can’t find elsewhere. Essential for anyone considering a franchise investment.
Been waiting for years for this. All the most important franchises and their latest Franchise Documents to download. The team also updates the franchises very quickly.
Expense Reduction Analysts provides a structured training program to prepare franchisees to operate their Consulting Business effectively. The training is divided into several components:
Expense Reduction Analysts does not provide exclusive territory protection to its franchisees. Each franchisee is granted a non-exclusive Area within which they may operate their Consulting Business.
However, the Franchisor reserves the right to operate or authorize others to operate within the same geographic region, meaning there is no contractual guarantee that competition will be limited in any area.
Additionally, while franchisees may serve clients within their designated Area, the Franchisor and ERAC retain exclusive rights over certain account types such as ERA Threshold Accounts and ERAC Accounts.
Lendio is a financial services franchise that operates as a small business loan marketplace, connecting entrepreneurs with a network of lenders to secure funding. Franchisees assist local businesses in obtaining loans, leveraging Lendio's technology and lender partnerships to streamline the financing process.
?
?
Family Financial Centers is a financial services franchise providing check cashing, bill payment, and small business banking solutions.
?
?
Booxkeeping is a bookkeeping franchise offering outsourced financial management, tax services, and business consulting for entrepreneurs and startups.
?
?
TAB (The Alternative Board) is a business coaching franchise offering peer advisory boards and executive coaching, helping business owners achieve their personal and professional goals.
?
?
SCHOOLEY MITCHELL provides cost reduction consulting services, helping businesses optimize their expenses and increase profitability through expert analysis and recommendations.
?
?
SCA (Service Corporation of America) is a facilities management franchise offering cleaning, maintenance, and support services for commercial properties, ensuring efficient operations and clean environments.
?
?