There is a bright and exciting future for all involved in building a franchise with Expense Reduction Analysts
Cost and process optimisation are key priorities for chief financial officers 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. Results from nearly 3,000 financial leaders surveyed across 70 countries revealed that cost and process optimisation is their main strategic focus for the foreseeable future.
In fact, 60 per cent of those surveyed consider it as essential to their business strategy over the next 24 months.
Significant opportunity
As an award-winning international franchise, this represents a significant opportunity for Expense Reduction Analysts and its network of more than 650 franchisees based in more than 35 countries.
ERA franchisees are able to 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 advisers, they deliver this service to thousands of companies worldwide and review millions worth of spend every year.
For professionals looking to build a successful B2B business, ERA offers a proven model and established methodology for cost optimisation, with more than two decades of experience in the market. This established platform gives each franchisee a distinct advantage over their competitors when addressing these strategic focal points for clients.
ERA chairman and founder, 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 in-house training academy, with a focus on how to sell the service and deliver tangible cost and time savings to 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.
Strength of the collective
The key is in how the network leverages the strengths of the collective, rather than relying on the individual’s capabilities to fulfil the client’s requirements.
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 you should have a little fun along the way - success is a journey, not a destination. The company has worked hard to create a culture where hard work and fun are part of its DNA and believes that being together more often means the network goes from strength to strength.
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.
At a glance
Established: 1992
Number of franchised outlets: 650-plus
Location of units: UK and internationally
Investment range: £44,900 (plus VAT)
Minimum required capital: 30 per cent of total start-up costs
Contact: Matt O’Neil moneil@ expensereduction.com. 07753 966651