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| Expense Reduction Consulting 5050 Avenida Encinas, # 200 Carlsbad, CA 92008 |
Submit an online form to receive information from Expense Reduction Consulting.
|
Business Description
ERC Franchisees employ a finely tuned methodology that has helped a wide range of companies minimize idirect costs since 1993. This methodology, along with proprietary web-based tools and Knowledge Base, assists ERC Franchisees in increasing their client's bottom lines by decreasing their often elusive indirect costs. Best of all, ERC Franchisees maximize their earning potential by providing their services on a "pay for performance basis," sharing in their clients long-term savings.
Franchisor Background
Year Established: 1993
Franchising Since: 2005
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States:
Financial Requirements
Average Number of Employees: 1 Full-time, 0 Part-time
Space Needs (in square footage):
Preferred Sites:
Other Sites:
Encourage Conversions? Not Applicable
Earnings Claims Provided?: No
ERC Franchisees employ a finely tuned methodology that has helped a wide range of companies minimize idirect costs since 1993. This methodology, along with proprietary web-based tools and Knowledge Base, assists ERC Franchisees in increasing their client's bottom lines by decreasing their often elusive indirect costs. Best of all, ERC Franchisees maximize their earning potential by providing their services on a "pay for performance basis," sharing in their clients long-term savings.
Franchisor Background
Year Established: 1993
Franchising Since: 2005
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 7 | 87.5% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 1 | 12.5% | |||||||||||||||||||||||||||||
Total Operating Units: | 8 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Florida | 2 |
| 2. Texas | 2 |
Registered in Following Registration States:
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $NR |
| Cash Investment: | $34-45K |
| Total Investment: | $34-45K |
| Average Total Investment: | $39K |
| Fees: | |
| Initial Franchise Fee: | $29K |
| Average Franchise Fee: | $0K |
| On-Going Royalty: | 7% |
| Average Royalty: | 0% |
| Advertising Fee: | 2% |
Space Needs (in square footage):
Preferred Sites:
Other Sites:
Encourage Conversions? Not Applicable
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 3 | ||||||||
| General Business Experience: | 3 | ||||||||
| Specific Industry Experience: | 3 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 3 | ||||||||
| Personal Interview(s): | 3 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 7 Year(s) | ||||||||
| Term of Renewal Period: | 5 Year(s) | ||||||||
| Passive Ownership: | Allowed | ||||||||
| Area Development Agreements? | Yes, for 15 Year(s) | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | No | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 1 | ||||||||
| Site Selection Assistance? | No | ||||||||
| Lease Negotiation Assistance? | No | ||||||||
| Financial Assistance? | No | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Included in Fees | ||||||||
| Central Purchasing: | Included in Fees | ||||||||
| Field Operation Evaluation: | At Additional Cost | ||||||||
| Field Training: | At Additional Cost | ||||||||
| Initial Store Opening: | Not Applicable | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | Not Applicable | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. Ft. Landerdale, FL | 5 Days | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Expense Reduction Consulting.
|
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