When must I complete the Foundational Training Program after signing the Franchise Agreement with Expense Reduction Analysts?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
Before the opening of your Consulting Business, we will train you how to plan and operate the System. As discussed more fully in Part E of this Item, following the signing of the Franchise Agreement, you must complete one (1) of the next two (2) scheduled Foundational Training Programs to our satisfaction. If you are a business entity, you must have a Designated Principal attend the Foundational Training Program. (Section 12.1 of the Franchise Agreement)
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 26–36)
What This Means (2025 FDD)
According to Expense Reduction Analysts' 2025 Franchise Disclosure Document, after signing the Franchise Agreement, you must complete one of the next two scheduled Foundational Training Programs to the franchisor's satisfaction. If the franchisee is a business entity, the Designated Principal must attend the Foundational Training Program.
The Foundational Training Program is a crucial step before commencing operations. Franchisees must successfully complete all phases of the training, as documented by Expense Reduction Analysts, before offering approved products and services. Failure to complete the training can be grounds for termination of the franchise agreement, although Expense Reduction Analysts may offer remedial actions like additional training or supplemental personnel.
The Foundational Training Program is held in person at Expense Reduction Analysts' corporate headquarters in Kent, UK, or another designated location. The program includes up to two weeks of training, with 12-15 hours of online training to be completed remotely before any in-person sessions. Training sessions are anticipated to be held every four to six weeks.