era Group

era Group provides purchasing and supply management expertise to businesses across all industry sectors. era Group helps client organizations reduce on-going business expenses, including indirect expense categories such as those for; printing, freight, insurance, temporary employment, small package freight, telecommunications, janitorial service, office supplies and so forth. era Group has reviewed over 100 cost categories worldwide.

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era Group

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era Group Franchise Cost and Requirements for 2024

A powerful network of independent consulting professionals

Expense Reduction Analysts (ERA) is one of the world's leading networks for cost, purchase and supply management. Founded by Fred Marfleet in the United Kingdom in 1992, offices in the United States were opened in 2003. ERA holds a powerful position within a very compelling market segment of the consulting industry.

In excess of 650 franchisees in more than 30 countries around the globe specialize in non-core, general and administrative costs. Here in the U.S., more than 170 franchisees help their clients reduce indirect spends. Our franchisees save clients money in more than 40 cost categories including freight, telecommunications, office supplies, fleet management, insurance and more.

The ERA business strategy provides a low-risk value proposition largely due to our "no savings - no fee" model. Clients and franchisees alike benefit significantly: our franchisees share the cost savings with their clients.

One of the many advantages of our network of highly experienced franchisees is the opportunity to leverage our shared expertise to help meet the specific demands of each client project. The collective knowledge and market power of our network offers a great advantage to new ERA franchisees.

All businesses are more profitable when they can reduce costs and maintain quality. Given today's challenging economic environment, client demand for actionable cost, purchase and supply management solutions has never been greater, making our sustainable business model highly desirable. Simply put - this is a great business opportunity.

Founded in 1992

First Unit Franchised: USA 2002

Franchise Units: 900+

Company Owned Units: 0

Present in 50+ countries

150+ Consultants in USA

States Registered In: All US States and Canada - PROVINCE: QUEBEC - We are not currently offering franchises in Quebec ONLY.

ERA offers a training and support program that is second to none. Utilizing the best of ERA's combined experience, gained from delivering thousands of cost saving projects over many years, the training will empower you with the techniques and knowledge to enable you to sign clients and deliver successful profit-improvement projects.
The package includes:

Ten days of classroom induction training (plus pre-training before you attend our classroom training)
Six months of field support and continued training.
An Exclusive Software Package encompassing databases and contact management systems
Network regional meetings and an Annual National Conference
Client Management, Project and Analysis tools
Ongoing variety of Professional Development Training sessions
1st year conference - fee, hotel and food included with their franchise fee
1st 18 months - we give them up to $500 month to market their business
Technology sales tool Proprietary to ERA - game changer that is driving higher close rate and double digit projects (expense categories) per client
3 years of residual high $ earning from clients through monitoring

Financial Assistance Provided: No
Site Selection Assistance: N/A
Lease Negotiation Assistance: N/A
Recruiting Assistance: N/A
Co-Operative Advertising: No

What does a era Group Franchise Cost?

era Group franchise fees for 2024:

Required liquid capital:$100,000
Investment Range: $76,000 - $105,900
Minimum Net Worth: $150,000
Franchise Fee: $69,900
Royalty: $1000/mo before marketing credits of up to $500/month first 18 months
Ad: 3%
Home Based: Yes
B2B: Yes
Master Franchise Opportunities: Yes
Average Number of Employees: 0
Passive Ownership: No
Semi-Passive Ownership: No, but can discuss transitioning from employment for the right candidate.
E-2 Visa: Yes, please check with era group prior on financial requirements.

Is era Group a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. era Group is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is era Group a Home Based franchise?

Yes. era Group is a home based franchise opportunity.

What Do era Group Franchise Owners Make?

Click here to find out how much era Group franchisees make. era Group offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is era Group a Master Franchise Opportunity?

Yes. era Group is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.

Does era Group Offer a Veteran Discount?

Yes. era Group franchise does offer a veteran discount.

Does era Group Work with E2 Visa and EB-5 Visa Candidates?

Yes. era Group franchise does work with E2 Visa and EB-5 Visa candidates.

Is era Group Looking for Franchisees in Canada?

Yes. era Group franchise is looking for Canada franchisees.

Is era Group Looking for International franchisees?

Yes. era Group franchise is looking for International franchisees.

Where can I see era Group's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Categories

Financial Services, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

$50,000 - $100,000

Master Franchise

Yes

Passive Franchise

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

B2B

Yes

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

Yes

E2 Visa Franchise

Yes

Click Here to inquire about existing era Group franchises for sale. We may have era Group franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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Red Boswell, President

era Group Franchise Cost and Requirements for 2024

Background

A powerful network of independent consulting professionals

Company Details

Support and Training Offered By era Group