What is the due date for the Regional Meetings fee for Expense Reduction Analysts?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
| NAME OF FEE1 | AMOUNT OR FORMULA | DUE DATE | REMARKS |
|---|---|---|---|
| Regional Meetings | Incidental costs for transportation, lodging and meals | As incurred | You and your Designated Principal or Practice Model Consultants must attend at your sole cost and expense |
Source: Item 6 — OTHER FEES (FDD pages 13–19)
What This Means (2025 FDD)
According to Expense Reduction Analysts' 2025 Franchise Disclosure Document, the due date for regional meeting fees is "as incurred." This means that franchisees are responsible for covering incidental costs like transportation, lodging, and meals related to regional meetings as these expenses arise.
Expense Reduction Analysts requires that franchisees and their designated principal or Practice Model Consultants attend these regional meetings. The franchisee bears the full cost and expense of attending.
Unlike some other fees which may be paid in installments or have specific due dates, the regional meetings fee is tied directly to the costs incurred for attending the meetings. This implies that franchisees should budget and plan for these expenses as they prepare to attend regional meetings, rather than expecting a fixed or pre-determined payment schedule.