For Expense Reduction Analysts, what exhibit contains the financial statements?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 23: RECEIPTS]
(In all other states process may be served on us at our corporate address)
EXHIBIT B FINANCIAL STATEMENTS OF EXPENSE REDUCTION ANALYSTS, INC.
EXPENSE REDUCTION ANALYSTS, INC. AND SUBSIDIARIES
CONSOLIDATED FINANCIAL STATEMENTS
YEARS ENDED DECEMBER 31, 2024 AND 2023
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 57)
What This Means (2025 FDD)
According to Expense Reduction Analysts' 2025 Franchise Disclosure Document, the company's financial statements are located in Exhibit B. This exhibit provides prospective franchisees with an overview of the company's financial health, including consolidated balance sheets, statements of operations, changes in stockholders' equity, and cash flow statements for the years ended December 31, 2024 and 2023.
These financial statements have been audited by CliftonLarsonAllen LLP, and their independent auditor's report is included. The auditor's report expresses an opinion on the fairness of the presentation of Expense Reduction Analysts' financial position, results of operations, and cash flows in accordance with accounting principles generally accepted in the United States of America.
Prospective franchisees should carefully review Exhibit B and the accompanying notes to understand Expense Reduction Analysts' financial performance and stability. Analyzing these statements can help potential franchisees assess the risks and opportunities associated with investing in an Expense Reduction Analysts franchise.