Expense Reduction Analysts

ERA was designed for challenging times and as an established franchise system with over 27 years' operating experience, we know how to build a recession-resistant business that has the potential to generate you an income higher than you can ever achieve as an employee. We were awarded “Best White-Collar Franchise” at the Global Franchise Awards in 2018, 2019 & 2020. Tens of thousands of businesses are currently struggling to control their costs in these financially challenging times, and they need help. As trusted independent advisors offering business strategy, cost reduction and process optimisation solutions to improve cash flow, our services are in high demand, now more than ever before.

Area

Business Consulting

Business Established

1992

Units / Locations

FCA Member

Yes

Multi-Unit Ownership Allowed

Yes

Agreement Terms

10 years

Royalty Fee

22%

Average Set up Time

Business operations may commence immediately after completion of the initial training (approximately 3 weeks after signing).

Ratio of Support Staff per Franchisee

The majority of franchisees run their business by themselves. There is no requirement for support staff, but the franchisees can choose to recruit them if they wish.

Comparative Growth

Varies between franchisees.

Last Surveyed

2020

Participation Rate

73%

Initial Investment

$39,900

Training

Through our world-class Training Academy, we teach you to become a fully rounded ERA consultant, during the initial 2-week training session. After this point, you are ready to approach clients with our attractive "No Savings, No Fees" business proposal. We then continue your development over the next 18 months with ongoing support from our Academy and by utilising experienced coaches to help you build your business, work in collaboration with other ERA franchisees and support your clients effectively. During your first 12 months, our dedicated, in-house marketing team will assist you in creating and delivering bespoke marketing campaigns helping you to generate leads & 1st meetings with prospects through our Power-Assist program.

Marketing Support

The Marketing Levy is 3% of collected cash receipts from client billings. The Marketing Fund is used for marketing the ERA Network and ERA's Services in the marketplace. All marketing activities (and associated expenses) are determined by the Franchisor with input from a Marketing Advisory Committee, which consists of nominated franchisees from the network.

Awards

For the fourth year in a row, Expense Reduction Analysts has taken places in the Top 10 of Australia's Best Rated Franchises presented by topfranchise.com.au. Every year, the topfranchise Awards recognise best practice within the Australian franchising sector across several categories and in the past ERA has won Top 10 Overall, Marketing, Support, Passion and Lifestyle Awards. Also, on Friday 8th Feb 2020, Expense Reduction Analysts, the world's number one franchise in business strategy, supply chain and cost management, was awarded Best White-Collar Franchise 2020 at the Global Franchise Awards for three consecutive years!

Business Model

ERA’s franchise network consists of experienced consultants from a range of different industries and backgrounds. Many of our consultants have come from distinguished executive roles and have a developed understanding of the industries where they spent most of their career. ERA’s franchise structure is what allows us to source these high-level people to join our network of consultants. No single company could afford to hire all of these people and their skillsets, therefore the franchise model was the best way for us to build a network of consultants of this calibre.

Main Cost

License fee, minimum monthly royalties

Main Products or Services

Expense reviews in the industries of energy, telecommunications, and insurance.

Future Plans

Our mission is to support as many of these businesses as we can, helping them to survive and recover from the current global recession. Based on figures from the 2008/9 recession, the demand for our service is now likely to double. To manage this high increase effectively, we need to grow, and we have the goal and capacity to triple the number of franchisees across Australia.

This is where you come in. You can combine your knowledge and experience, whatever your career background, with our 10-step methodology to build your own ERA consultancy business under one of our franchise licenses with the support of a global network of 700+ ERA consultants based in over 40 countries and more than 27 years of operating experience.

Testimonials

Work/life balance. Good family Time. Working flexibility and great network of people.

Deepesh, 2020

Expense Reduction Analayst is an organisation that exudes a family, rather than a large organisation, culture. It is an organisation where everyone works on a collegiate basis. An individual's success is dependant on working together with other franchisees. We work with colleagues in our own country and around the world, learning from each other and always focusing on ensuring that we meet and exceed our clients' expectations.

Gary Wilson, 2019

Provides good income and is very flexible in hours worked.

Hassan, 2019 - Sydney NSW

ERA is a company that provides implementable, practical and realisable results. We are ‘resultants’ not consultants. So many times we have been invited in after other consultants have completed their work, as the client has not received any realisable benefits.

Over and above the client and supplier experiences, the best thing that I like about ERA is the ERA “family”. I have found the camaraderie, the mutual respect, the collaboration, working as a team, and the personal friendships across the worldwide ERA network has something really special.

Gary Wilson - Bonnells Bay NSW

I love the work I do. The people I work with and the life balance.

Grant Levy, 2019

ERA is an ethical, professional business that leverages the expertise of many to achieve realisable and implementable results.

Gary Wilson, 2020

Franchisor provides business & technology support and appropriate initial and on-going training which gives the franchisee every chance to succeed. The encouragement of a collegial culture facilitates working with other franchisees to deliver great results for clients.

Peter Sedgwick, 2020 - Melbourne

I love the flexibility of the job, I do not have a boss, nor I am in the traffic during rush hours. The ERA network provides a friendly and supporting environment and encourages you to succeed.

Annamaria Varga, 2019 - Queensland

The lifestyle, support and camaraderie is brilliant. For a professional person, having their lifestyle given back to them and enabling flexibility of hours, a generous income for a low start-up cost is the way to go.

Tim Woods, 2020 - Melbourne

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