Expense Reduction Coaching
Cost-reduction services and coaching- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$66K - $74K
- Units as of 2014
-
12
Company Overview
About Expense Reduction Coaching
Industry | Financial Services |
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Related Categories | Business Financial Services, Miscellaneous Business Services, Miscellaneous Financial Services |
Founded | 1993 |
Leadership | Terry Powell, CEO |
Corporate Address |
900 Main St. S., Bldg. 2 Southbury, CT 06488 |
Business Overview
Franchising Since | 2001 (22 years) |
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# of employees at HQ | 35 |
Where seeking |
This company is offering new franchisees in the following US states: This company is offering new franchisees in the following international regions: |
# of Units | 12 (as of 2014) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Expense Reduction Coaching franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$45,000 |
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Initial Investment
|
$66,000 - $74,250 |
Net Worth Requirement
|
$199,000 |
Cash Requirement
|
$66,000 |
Veteran Incentives
|
15% off franchise fee |
Royalty Fee
|
5-15% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Expense Reduction Coaching has relationships with third-party sources which offer financing to cover the following: franchise fee |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Classroom Training | 5 days |
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Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Field Operations
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
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Can this franchise be run from home/mobile unit?
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Yes |
Can this franchise be run part time?
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No |
# of employees required to run | 1 |
Are exclusive territories available?
|
Yes |
Interested in ownership opportunities like Expense Reduction Coaching? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Expense Reduction Coaching landed on this year's Franchise 500 Ranking versus previous years.
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