FOR IMMEDIATE RELEASE
Expense Reduction Analysts® Certified as a 2016 World-Class Franchise®
By The Franchise Research Institute®
LINCOLN, NE (January 28) – Expense Reduction Analysts® has received World-Class Franchise® certification from the Franchise Research Institute®.
The recognition comes after an independent franchisee validation survey conducted by the Franchise Research Institute, in which 74% of all Expense Reduction Analysts franchisees in the United States participated. The survey was designed to determine the quality of 10 key metrics crucial to franchisee success within the Expense Reduction Analysts franchise system.
“One of the most important means of creating and maintaining a truly successful franchise system is to meet or exceed the expectations of its franchisees,” says Jeff Johnson, Founder and CEO of the Franchise Research Institute. “A key step in this process is to obtain open, honest feedback from franchisees through confidential, third-party research. Expense Reduction Analysts were not afraid to ask their franchise owners tough questions, and their high marks provide scientific documentation that they are consistently meeting franchisees’ needs.”
The survey asked Expense Reduction Analysts’ franchise owners to rate their franchisor through a series of questions in categories such as overall quality, growth potential, support and communication.
Among the responses received from Expense Reduction Analysts’ franchisees:
- 95% gave a positive rating to the overall quality of the franchisor.
- 93% agreed their franchsior cares about franchisee profitability and success.
- 94% gave a positive grade for the helpfulness and communication between fellow franchisees.
- 94% gave a positive rating when comparing their franchise to the local competition.
- 88% agreed they are able to speak directly and effectively with senior management.
“We are committed to providing world-class support to our franchise owners,” said Michael Nicholas, CEO of Expense Reduction Analysts. “The results of this 3rd party survey shows our commitment to helping our franchisees succeed. We are excited about the achievements of our network and are enthusiastic about helping other successful business executives experience entrepreneurship and achieve a true work/life balance. We are gearing up for 2016 to be the strongest year yet.”
Expense Reduction Analysts’ franchise satisfaction results are available at:
About the Franchise Research Institute®:
The Franchise Research Institute is a Franchise Performance Measurement firm headquartered in Lincoln Nebraska. FRI is the original auditor of franchisee validation and does NOT sell leads or advertising. FRI’s World-Class Franchise® opportunities must demonstrate that they are endorsed by their franchise owners through FRI’s scientific, confidential, third-party surveys.
For more information, contact: Aftyn Arter, Project Manager, Franchise Research Institute,
800-410-5205 or Aftyn@FranchiseResearchInstitute.com.