Initial Investment
If you’re wondering what it costs to invest in a P3 Cost Analysts franchise, you’ve likely already explored the services we offer, how we support our franchisees, and who the ideal candidate is. To recap, in addition to starting your own cost analyst business, your initial investment will afford you:
Access to and support from our auditing team
Inital start-up training that covers all facets of business launch
Phenomenal on-going training and support, both proactive and reactive
Access to our CRM as well as our prospecting and sales playbooks
So let’s dive into what the overall investment looks like. This is informational only, and should not be considered a replacement for the initial investment disclosure in our Franchise Disclosure Document.
Initial Franchise Investment
We anticipate your initial investment rage to be $68,690 to $79,035. This includes:
Initial Franchise Fee
$59,500 - $59,500
Office supplies, fixtures, computer, internet,
$400 - $2,725
Business licenses, Insurance, and other Professional Fees
$2,675 - $6,000
Travel for Training, Initial Marketing, and other Startup Costs
$2,675 - $10,160
Additional Working Capital Funds
$4,500 - $7,500
We honor those who have served by offering a $5,000 discount off the initial franchise fee for qualified veterans.
Ongoing Fees
We don’t charge a traditional royalty fee. Rather, we collect from the client based on their realized savings, and pass that on you you less the fees for auditing and servicing.
Financial Requirements
Candidates are expected to have a net worth of at least $100,000.
Keep in mind that this investment doesn’t include personal cash reserves. Like any business, a P3 Cost Analysts business takes time to grow. Unlike traditional brick and mortar, you wouldn’t be running a high ‘burn rate’, but you do want to be able to launch your business and establish the network and connections necessary to be successful without stressing about keeping the lights on at home.