Expense Reduction Analyst

Startup Costs: $2,000 - $10,000
Part Time: Can be operated part-time.
Franchises Available? Yes
Online Operation? No

Calling all seasoned business managers, controllers, CFOs, operations managers, accountants and administrators! You can greatly profit from your business experience and budgeting skills by starting an expense reduction consulting service aimed at all businesses, from small and local to multinational corporations. Expense reduction consultants provide clients with a multitude of services: developing short- and long-term budgets, analyzing fixed and variable overhead, increasing employee productivity, analyzing product and service costs and developing expense reduction strategies to meet each client's specific needs. The objective of the expense reduction exercise is to uncover costs associated with doing business that can be reduced or eliminated entirely while maintaining or increasing the overall efficiency, productivity and profitability of the business. Many expense reduction consultants specialize in their field of expertise'manufacturing, food services, retail, or small business, for example. The most powerful marketing asset that expense reduction specialists have at their disposal is the fact that through analysis of business operations, they generally save clients anywhere from 2 to 50 times their consulting fees in expense reduction savings.

The Market

Business owners as well as large corporations.

Expense Reduction Analyst Ideas

Fundraising Consultant

Use your sales and financial experience to be a fundraising consultant.

Bookkeeper

Use your accounting and financial experience to start a bookkeeping service.

Mortgage Broker

Help clients get the mortgages they need to purchase a home.

More from Business Ideas

Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Side Hustle

3 Secrets to Starting a Small Business Side Hustle That Gives Your Day Job a Run for Its Money, According to People Who Did Just That — and Made Millions

Almost anyone can start a side hustle — but only those ready to level up can use it to out-earn their 9-5s.

Side Hustle

When This Entrepreneur Couldn't Decide What to Name His Business, He Started a $2,000-a-Month Side Hustle to Help — Now It Earns Over $10 Million a Year

Darpan Munjal, founder and CEO of AI-powered startup ecosystem Atom, offered $50 to anyone who could help with the creativity block.