Expense Reduction Analysts

£39,900 Minimum Investment

Franchise Description :

Expense Reduction Analysts Business Consultancy Management and Advisory Franchise

Finance:Yes, through a third party
Part Time:No
Contact Name:Expense Reduction Analysts (UK) Ltd

3 Meridians Cross,
Ocean Way,
Ocean Village,
SO14 3TJ

Phone Number:

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  • Description


Expense Reduction Analysts is a global network of specialist procurement advisors. The business consultancy started trading in the UK and Ireland in 1992 and its team offers expertise in purchasing to help organisations reduce their spending and increase their profits.

The Expense Reduction Analysts team includes a network of 135 procurement specialists based around the UK and Ireland with expertise in more than 35 major cost groups. They have experience from their careers at a senior level in their areas of expertise which is used to advise medium to large enterprises on getting the most from their suppliers to boost performance.

The services that Expense Reduction Analysts can provide include improving internal processes, managing supplier relationships, benchmarking prices, conducting tendering exercises and identifying and integrating new suppliers. The approach that the consultancy takes is to build long term relationships with its clients and conduct regular invoice audits to maximise the savings they can identify and keep prices in check for the long term.

The process begins with one of the team of specialists talking to the client and understanding their business and their priorities – which could be reducing cost, consolidating suppliers or reducing supply chain time. Then the spend is reviewed and analysed to give the client information from which they can make an informed decision about their suppliers.

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Accountancy & Financial Franchises

According to the Financial Times Legal & accountancy businesses including franchises and their employees generated a staggering £15.5bn ix taxes in 2016 and employed around 690,000 workers. Whilst some accountancy franchises are based from offices and shops many are home based businesses so with the growing demand for these services it is a very attractive sector when considering a career change via franchising.

As with any franchise with financial or accountant franchises you will get full training and support, helping you through any regulations and red tape by experience and qualified professionals. If providing the services into small businesses its easy to see how this could be a growing business as well the businesses you have as clients grow, so does their demand for more services which probably makes this a lower risk proposition than some businesses.

This sort of franchise would suit someone that loves meeting people and has some white collar or managerial experience but the beauty of franchising is it allows people to change career direction easily.

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