Expense Reduction Consulting vs Entrepreneur's Source Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Expense Reduction Consulting vs Entrepreneur's Source including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Expense Reduction Consulting Entrepreneur's Source
Investment 33100 - 45100 92450 - 100750
Franchise Fee 0
Royalty Fee 7% 25%
Advertising Fee $750/mo.
Year Founded 1993 1984
Year Franchised 2005 1997
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Expense Reduction Consulting Entrepreneur's Source
Experience

Financing Options

  Expense Reduction Consulting Entrepreneur's Source
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  Expense Reduction Consulting Entrepreneur's Source
Training On-The-Job Training: 252 hours Classroom Training: 77 hours Additional Training: Ongoing virtual training, mentor
Support Newsletter Meetings/Conventions Online Support Field Operations Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations Franchise can be run from home. Absentee ownership allowed. (100% of current franchisees are owner/operators)

Expansion Plans

  Expense Reduction Consulting Entrepreneur's Source
US Expansion Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming, Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion

Start-Up Costs and Fees Mobile

Investment
Expense Reduction Consulting
Entrepreneur's Source
Franchise Fee
Expense Reduction Consulting
Entrepreneur's Source
Royalty Fee
Expense Reduction Consulting 7%
Entrepreneur's Source 25%
Advertising Fee
Expense Reduction Consulting
Entrepreneur's Source $750/mo.
Year Founded
Expense Reduction Consulting 1993
Entrepreneur's Source 1984
Year Franchised
Expense Reduction Consulting 2005
Entrepreneur's Source 1997
Term Of Agreement
Expense Reduction Consulting
Entrepreneur's Source 10 years
Renewal Fee
Expense Reduction Consulting
Entrepreneur's Source $5K


Business Experience Requirements

Experience
Expense Reduction Consulting
Entrepreneur's Source

Financing Options

 
Franchise Fees
Expense Reduction Consulting No
Entrepreneur's Source No
Start-up Costs
Expense Reduction Consulting
Entrepreneur's Source
Equipment
Expense Reduction Consulting}
Entrepreneur's Source
Inventory
Expense Reduction Consulting
Entrepreneur's Source
Receivables
Expense Reduction Consulting
Entrepreneur's Source
Payroll
Expense Reduction Consulting
Entrepreneur's Source

Training & Support

Training
Expense Reduction Consulting
Entrepreneur's Source On-The-Job Training: 252 hours Classroom Training: 77 hours Additional Training: Ongoing virtual training, mentor
Support
Expense Reduction Consulting
Entrepreneur's Source Newsletter Meetings/Conventions Online Support Field Operations Franchisee Intranet Platform
Marketing
Expense Reduction Consulting
Entrepreneur's Source Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations
Expense Reduction Consulting
Entrepreneur's Source Franchise can be run from home. Absentee ownership allowed. (100% of current franchisees are owner/operators)

Expansion Plans

US Expansion
Expense Reduction Consulting Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming,
Entrepreneur's Source Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
Expense Reduction Consulting
Entrepreneur's Source Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion
Expense Reduction Consulting
Entrepreneur's Source