Mail this page

Request of more franchise information about the franchisor

Era

Franchise information page about the franchisorKey franchise information page for the franchiser about the franchisorPhoto album page with pictures of franchisee and franchisor













Introduction
Developing a consultancy business is by nature a delicate process. First, one has to isolate true client need. Next, establish the resources of bath tools and people to fulfil that need. Finally, implement the solutions. Each year, as client needs change, so the consultancy has to react. This process of evolution is embraced by Expense Reduction Analysts (ERA)- and is a vital ongoing process if one wishes to remain a market leader.

ERA are not just the largest niche consultants in their field within the UK, they remain part of the world's largest grouping with a client base steadily growing month by month. The process of attracting suitably qualified, professional and motivated Consultants who can service our clients and be prepared to acquire new skills, and then operate as part of a 'virtual corporation', is an ongoing challenge to the organisation, and part of the development process.

The ERA Consultant Service - Value Improvement Programme
Value Improvement Programme package
Why would an organisation nedd ERA's service?
The ERA franchise package
Marketing and selling the ERA service


Once candidates are selected, they are smoothly inducted into the ERA group and empowered with the skills required to offer ERA's range of services to other organisations. New input strengthens the range and depth of expertise of ERA's client services. We select only the very best candidates as Consultants and are always developing and improving upon our tools. ERA has continually pioneered IT solutions to store, interchange and analyse information. We were one of the very first consultancies to develop an Intranet system, and today's most sophisticated IntERAnet version can be operated on a laptop, not requiring continual web connection. Our combined systems encompass electronic mail; libraries of historic and current material; and databases of prospective and actual clients, suppliers and colleagues. It further assists in project and time management, looks after each Consultant's diary and gives access to a secured bulletin board for information exchange. Our Consultants, armed with our training and tools, create the experiences of success that underpin our confidence in accepting contingency-based assignments. ERA's low risk proposition provides huge benefits to our clients by allowing our Consultants to deliver Value Improvement Solutions in over 130 commodity areas, regardless of industry sector.

With an average of over 100 new projects secured each month, ERA clearly understands its market and the service it provides. Ninety percent of an ERA Consultant's business is secured as a welcomed, outsourced member of a client's management team, usually working for organisations with a turnover between three million and one hundred million pounds. Experience has demonstrated that every business and commercial establishment can substantially improve profit performance and cost management. Each organisation today faces increasing pressures to be more competitive and to improve shareholder returns, allowing ERA to expand on our range of services. Any other individual, or even a small team, would be challenged to provide an effective service on a European or global basis. The ability for any ERA Consultant to call upon the ERA global network to win and service large organisations, has a practical value which goes far beyond the franchise investment. ERA Consultants are now recognised as the world's experts on Value Improvement Solutions. Perhaps you recognise in yourself an ability and desire to consider joining our team? Few companies have the time or resources to track every invoice and question every charge in a supply market

The ERA Consultant Serivce - value investment programme
ERA's Value Improvement Programme is aimed at reviewing a company's strategic and non-strategic expenditures, thereby ensuring that they are receiving the very best value from their suppliers and at the same time, releasing valuable hidden profit from within their business.

Since the establishment of the business concept in the USA in 1983, ERA has taken a simple but effective business methodology, and improved it with the right systems and training to develop the right people. Continuous and ongoing development is an integral part of ERA's Strategic Plan to expand the opportunities for its Consultants, enabling them to provide a complete service to an increasingly wide spectrum of clients, and to a greater depth. As part of your eight-week induction and training programme, you will be first empowered to deliver a combination of the following elements to maximise your own rewards.

The need of UK businesses today
One problem facing UK businesses is that few can apply cost effective time or resources to monitor and track every invoice, or question every change to costs in a supply market. Price increases are often too small to notice, too difficult to monitor and too hard to benchmark. However ERA knows that left unchecked, as they are by most organisations, small costs can accumulate dramatically. If expenses are not reviewed frequently, it is practically impossible to take full advantage of the cost saving opportunities that exist every day. As a result, we are aware that millions of pounds are wasted every year in unnecessary expenditures, money that usually equates to added bottom line profit when addressed by ERA.

Few organisations have sufficient in-house expertise, or specialists employed to maintain a current awareness of best practice methods, or enough people with specialist negotiation skills for each category sector, who can, between them, match the financial effectiveness of engaging ERA. This is why we attract more than 100 new clients each month in the UK alone, Once reviewed, such overhead costs are usually reduced, and by an average of 23 percent. Engaging ERA leaves the client's staff free to focus on what they do best, whilst allowing the assignment to be implemented without wasting any internal resources. ERA is focused on delivering today what may take a client organisation years to implement if they were to attempt to do it alone.

Empowerment of knowledge
Specialist expertise and experience is the resource our clients demand. ERA develops and empowers individual Consultants to utilise their combined skills, knowledge and strengths under a single brand, delivering Value Improvement Solutions which cannot be equalled. The practical and intellectual resource created by ERA's Consultants provides each one of them with the opportunity to utilise the best available talents to suit any situation or need that a client may present. ERA's continual investment in IT development will ensure ERA remains the industry leader in these facilities required to best manage the interchange of knowledge and information in the most secure and cost effective way possible.

Overlay this IT facility with an invitation to attend over 70 ERA Regional Consultant meetings across the UK each year, National and International ERA conferences, and ongoing training as part of your own personal development programme and you will soon see how ERA's total resource is unsurpassed in the UK market.

Purchasing influence in the market place
ERA is currently working with thousands of UK clients on assignments over a wide' range of industry sectors, collectively generating an impressive aggregated purchasing leverage of over £300 million spend - which continues to grow at £8.5 million each month. Combined with historical service and pricing information, ERA Consultants have the influence to assist almost any size client in their dealings with suppliers.

When any large accounting, banking or general consulting group seek to farm a strategic partnership with a specialist group to provide Value Improvement Solutions, they prefer to do so with an organisation that has influence as well as credibility. ERA Consultants, supported by our group office, have established over 20 UK strategic alliances in 2002,and negotiations will continue to expand upon this number via new Consultants in 2003-4.
top

As part of the Value Improvement Programme, clients can expect to recieve:

  • Significant savings on overheads - an average of 23%
  • The option of a self-funding service, with fee costs generated on a contingency basis
  • The aggregated purchasing influence of £300 million per annum
  • Additional, dedicated, impartial consultancy resources
  • The audit and analysis of usage patterns and current prices paid, fully detailed in report form
  • An opportunity for improved value on service as well as price, from suppliers
  • The independent review of prices available in the market place relating to client specifications
  • The managed implementation and ongoing monitoring of approved recommendations
top

Why would an organisation need ERA's service?

  • To quickly and efficiently reduce unit costs and process overhead costs.
  • To develop a profit culture within all aspects of the organisation
  • To increase their competitive advantage over others in the same sector
  • To review any real need for wage cuts or staff redundancies
  • To provide analysis on risks of profit loss on strategic and non-strategic costs
  • To possibly turn a company loss into a profit
  • To improve the market value of the business
  • To redirect funds back into the business investment plans
  • To reduce gearing
  • To help counteract high Sterling rates on imports
  • To raise their earnings per share
  • To increase stakeholder value
  • To improve the value of the organisation prior to flotation
top

The ERA franchise package
Every successful candidate to the ERA group is not only joining a global network of like-minded individuals and benefiting from the use of a world-recognised brand, but they are also being empowered with the support, training, technology, marketing and strategies that will maximise the opportunity to build their own successful and profitable business asset.

As a Consultant with ERA, we take your success very seriously. We have many years of experience in delivering the necessary levels of support and advice to independently minded business people who remain in control of their own destiny, but operate as part of a 'virtual corporation'. By developing an environment of open sharing, every Consultant gains not just from group office support but, equally as important, they gain from their fellow Consultants. 'Reciprocity Rules' in the ERA group. In summary, within ERA's package you can have the confidence of knowing you will run your own business with the backup and support of the world's leading and most proven franchise consultancy.

Join the UK team
ERA Consultants are now a network of over 100 highly skilled professionals. The breadth and depth of experience enables you to fulfil your clients' needs regardless of industry sector or category of expenditure. This impressive knowledge pool expands as each new franchised Consultant joins the group. With our culture of teamwork and reciprocity inbred from the start, you will always retain the control of running your own business, with the benefit of having the knowledge of every other Consultant available to you. You will become part of an international office network across five continents with a vital business solution that is essential and is actively embraced by all proactive companies. Operating as one seamless global organisation enables all our clients, large and small, to benefit from our local market knowledge and undoubted global strength. You have support offices in:
  • Australia
  • Mexico
  • Singapore
  • Belgium
  • Italy
  • Spain
  • Canada
  • Netherlands
  • Uruguay
  • France
  • New Zealand
  • United Kingdom
  • Hong Kong
  • Portugal
  • United States of America
top

Marketing and selling the ERA service
Every prudent business manager is aware that profitability is a prime indicator of business success. When an ERA Consultant can offer to deliver guaranteed Profit Enhancement without any compromise in quality or service, as well as significant improvements in process, it makes a very compelling proposition for prospective clients to consider.

ERA Consultants are highly skilled advisors able to present management consultancy at board level to any client organisation, and subsequently deliver to the client's own management and staff structure. You will become an integral part of the client's management team responsible for benchmarking, review, recommendation of change and successful implementation. ERA Consultants do not need to be 'experienced in sales as we believe the service largely sells itself. You do, however, need to be comfortable delivering your presentations at Senior Director level.

Even though most ERA consultancy services are delivered with minimal risk to clients, the greatest challenge for any Management Consultant is getting the time of the Director. Given over 20 years of experience in the delivery of such services, each ERA Consultant is fully trained and equipped with materials to maximise every opportunity. Each new ERA Consultant works closely with our in-house marketing team to build and develop a personal marketing plan, providing structured marketing activities to quickly build their business. These plans combine local area marketing, strategic alliance and network building, regional marketing campaigns, national brand campaigns and many other proven marketing methods to effectively provide our Consultants with ample opportunities to deliver ERA's proposition to clients.

Income potential
The ERA consultancy practice is a low overhead but high margin business that performs exceptionally well in times of both economic growth and recession. We are sure you agree that almost every business and commercial establishment can substantially improve profit performance, and as companies face very real pressures to be more competitive and to improve shareholder returns, so our unique range of services have proven to be hugely successful. ERA Consultants usually provide their services on a contingency fee basis. There is minimal risk for any company taking the ERA service, as the project can be entirely self-funding from monies that would otherwise have been paid to suppliers or wasted in processes.

You will receive £15,000 for every £30,000 that you save your client and, when you consider that ERA Consultants achieve an average of 23% saving across all non-strategic spending areas, you can understand the impressive earning potential from this opportunity. Any Consultant operating within ERA will follow a proven system that creates a sustainable long-term business. Consultant income is planned and structured to deliver high returns while recognising the need to manage risk by spreading work across a range of clients, as opposed to remaining reliant on only one or two major clients. Each ERA Consultant's business has diversified income streams from a balanced and manageable range of client services. In addition to income from our contingency fee based structure, earning potential can also come from retrospective invoice error checking, day rate consultancy, the provision of any of ERA's other profit enhancement or process change services, subscribed client access to web-based pricing information, and even the sale of customised software systems for those companies who insist on having those tools in-house.

The future for ERA
As ERA continues to grow in this new millennium, our record of achievements and the demand for our service continues to grow at a greater pace. ERA UK, which now has over 100 Consultants conducting assignments for thousands of UK corporate, public sector and business clients, is currently transacting business which is expected to exceed £600million of spend within the next two years. The ever increasing aggregated buying influence, coupled with a focus of supplier category knowledge and exclusive access to alliance partners, enables us to source products and services exclusively for our clients at the most competitive prices available today. Our unique post-implementation service keeps those prices competitive for as long as our clients desire. These assets, combined with our ability to invest in further IT developments as needs arise, will continue to guarantee the future success of ERA and of our Consultants. We always aim to work smarter as well as harder than any competitor.

With an expanding office network in cities worldwide, ERA have not just the specialist expertise, but also the coverage needed to service any organisation almost regardless of location and size. From the smallest retail group to the largest multinational- each could ultimately benefit from the services provided by ERA.

Making the step
Starting a new business venture, even as part of an established franchised group as well proven as ERA, is a significant step for most people. We know that most ERA candidates will have already managed or directed others in a corporate environment, but rarely have they taken the final responsibilities of running a business in totality for themselves. So what makes them, and possibly you, consider starting a business for themselves?

Experience has shown us that there are usually two reasons. First, the desire to take control of one's own destiny. Second, the ambition to be 'paid what you are worth'. Together, these usually provide the impetus to move into ERA. We assume that in your past and current management roles, you have had full responsibility to achieve a result, and we know that one rarely receives 50% of what one achieves on behalf of the company. We equally know that if company goals are not met, usually because of outside influences, the risks to your own position, your family and lifestyle, could be significant. The two together do not balance as they do inside ERA. So, whilst starting a new business is a big step, it is not always as great a risk as you take when working for others. No business start-up decision is totally risk free, but ERA along with your own advisors, can help you reduce those risks to a minimum - if ERA is right for you.
top
Request of more franchise information about the franchisor
Key Info