Learn more about how franchising works, and if it is right for you:
Find out why franchising might be a good idea if you want to work flexibly, for yourself:
Use your experience and our proven methodology to build a successful B2B consulting franchise.
ERA offers you the best of both worlds: the freedom, flexibility, job satisfaction and control of being self-employed combined with the global brand, international network, proven business model, systems training, and back-up support you need to grow a profitable and successful business.
Expense Reduction Analysts (ERA) – the world’s number one franchise in business strategy, supply chain and cost management and winner of the Global Franchise Awards “Best White Collar Franchise” of 2018 & 2019, is offering you the opportunity to become part of our award-winning, international network of specialist business consultants.
As an ERA franchisee, you will help your clients to optimise their overhead expenditure, improve processes and create opportunities for further growth while also minimising their risk through our “No Savings, No Fee” business model.
ERA’s unique business model allows our franchise partners to sell multiple services across over 40 different cost categories. This means that if you identify an area that your client requires a solution for, and you don’t have the relevant knowledge, you can reach out to any of our 700+ franchise partners to assist you with projects. You still present a successful solution to the client and earn money, rather than turning a business away.
If you have a proven track record in leadership roles or management positions, possess good communication, sales and negotiating skills, or can demonstrate high levels of expertise in a specific sector or expense category, then we want to talk to you about operating your own cost management consultancy with ERA.
You don’t need to be an Analyst to join Expense Reduction Analysts
Our comprehensive 18-month Start-Up Program ensures that all of our franchisees are given the tools they need to set up and run a successful ERA business. This includes a business mentor to help you fully maximise your efforts during the initial growth stage of your business. Once established many of our franchisees concentrate their businesses to suit their style. Whether that’s analytical or business development focused, it’s achievable within Expense Reduction Analysts.
o Prospecting database
o Microsoft Dynamics
o RFX Tendering software
o Skype for Business
o Excel, Powerpoint, Word, etc
Management Service Fees
Collaboration & Learning at ERA’s European Conference
Last month in the beautiful Spanish sunshine, more than 300 guests gathered in the Costa Blanca for the opening of Expense Reduction Analysts’ (ERA) annual European Conference.
It’s very much a key event in the ERA calendar with insightful presentations, engaging workshops and thought-provoking seminars delivered by the franchisor and franchisees alike.
At the same time, ERA franchisees had plenty of opportunity to meet with their European colleagues, forge new relationships and discuss opportunities for international collaboration including a warm and passionate welcome from our Spanish network.
This year, the theme of conference was delivering “Value Through Insight”(mirroring that of our recently introduced strap line), a reference to how our franchise partners, through their expertise, experience and insight, can create additional value and provide bespoke efficiency solutions for their clients in the areas of cost optimization, supplier management and process efficiency.
While enjoyment and franchisee recognition were among the key components when organizing the conference, ERA Operations Manager Florian Damien wanted to promote an environment which strongly facilitated collaboration and personal development.
“Collaboration and development are core principals of the Expense Reduction Analysts business model, and annual conferences are a great opportunity for franchisees to meet and network with their international colleagues and European support staff. This event enables us to build stronger relationships as well as develop new ones, which ultimately results in more opportunity for everyone involved.”
Key highlights from the conference included insightful presentations delivered by support staff, helping franchise partners to understand how to take advantage of new technologies available to them and how to embrace the digital world for business development, as well as workshops that fostered the sharing of knowledge and best practice.
“Learning and sharing knowledge is what enables this great network of professionals to grow and improve their franchise businesses. It’s essential that as a franchisor, we not only provide our franchise partners with the tools necessary for success, but also guide them on how to best take advantage of these tools, especially within this fast-changing business environment we all work in” agrees Steve Beadle, Head of ERA Academy.
Other highlights included a creative opening ceremony by our fantastic Spanish team, a networking tapas tour, an excellent keynote speech delivered by Jeremy White of Wired Magazine and, finally, the Annual Franchisee Gala Dinner accompanied by a very special awards ceremony recognizing the excellence and dedication of some of our franchise network.
The three days were enjoyed by all and preparations have already started for next years’ conference which, revealed during the closing ceremony, will take place in Italy!
Over the last 10 years, Harsha Patel and her husband Pritesh have built their Expense Reduction Analysts (ERA) franchise into a highly profitable and rewarding business. For two consecutive years in 2014 and 2015 their business ranked as one of the top performing out of more than 150 consultants. The couple have three full time members of staff and, having just renewed their 10 year franchise agreement, have no plans to slow down their growth!
For Harsha, success isn’t just about profits. One of the most important aspects of their thriving business is the flexibility and time it allows her to spend with her children: “I’m thankful for being able to work from home and be around for my kids. It’s allowed me to have flexibility and retain the bond that so often is lost when a choice has to be made between career and
The couple launched their franchise in 2006 with Pritesh as full-time consultant. It was planned that Harsha would join the business four to five years later. However, thanks to rapid growth and continued success, Harsha came into the business just two years later after the birth of their second child
“It was always the plan that we would run the business together when it called for it but it actually only took two years to get to that point. We took on our first employee in 2009 and quickly realised the benefits of the extra resource! Today we have three full time members of staff and that has enabled Pritesh and I to work to our strengths to grow the business more effectively whilst maintaining the flexibility we originally craved.”
Prior to owning their franchise, Harsha spent eight years working in the mortgage industry after graduating from university with a BA Honours degree. Like many others before him, Pritesh knew in his heart that he wanted to do something for himself and build a future for his family. He had already heard of the ERA brand whilst studying at university and so, the couple visited a franchise exhibition to learn more about the opportunity.
ERA are world leaders in cost management and procurement consultancy. Associates are trained to offer strategic advice and practical methods which optimise supplier relationships and generate cash. Boasting the highest consulting revenue of any UK procurement franchise, ERA Franchise Partners have enjoyed an impressive increase in sales over the past five years.
“We first met with ERA when we visited a franchise exhibition. I think what we liked about them most was that they didn’t just try to push the franchise on us, they helped us to understand how franchising worked and what it entailed. We built a bond of trust relatively quickly.
“We both liked the business model and could see very quickly that with our combined skills and the ERA processes already in place, this was something we could do. Pritesh and I went to a Discovery Day together, did our research together…everything. We went into every aspect of business ownership as a couple from
ERA’s award-winning programme of training and support is designed to equip you with all the knowledge and confidence you need to successfully launch and run your business, whatever your skills or background. New Franchise Partners undertake a tailored five-week course consisting of classroom and hands-on learning at the ERA Academy.
“We’ve reached a point now where we’re more or less self-sufficient but we have a nice balance and Head Office are always there for any support if we do need them. They fully support your expansion and growth as well as nurturing you after your launch. The rest of the network have been supportive too, you can always rely on other franchise partners for advice and guidance if you need it.
“I guess in a nutshell, ERA provide all the tools to help you get ahead. There’s ongoing business development for anyone that wants it plus regional meetings, conferences and workshops and business coaching.”
When you join ERA, you join a network of over 150 consultants, each an expert in their own field. Access to this combined knowledge ensures that your business isn’t confined to one or two cost centres or even your own area of specialism. Our Franchise Partners work together to maximise opportunities for collaboration, expansion and guidance.
As would be expected, the couple are both well respected and recognised as experts within the ERA network. In 2015 Pritesh was nominated by his peers for ERA’s prestigious internal award, ‘Consultant’s Consultant of the Year’ for his contribution to the network and supporting his fellow Franchise Partners. When it comes to plans for the future, for Harsha and Pritesh the sky is the limit! But one thing’s for certain, they feel confident that their future is
“We’ve just renewed our 10 year agreement. It was a no-brainer! We really want to keep the momentum and sustain the business growth and really there’s no reason we can’t do that. We plan to diversify and extend our reach
“We’ve perfected our model now and we understand how both of our skill sets can best benefit the business. Pritesh is 100% client facing and I handle all the business administration. My role is to keep all the plates spinning…We make a good team!”