Does the Expense Reduction Analysts FDD include a receipt?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT G RECEIPTS
RECEIPT (Your copy)
This disclosure document summarizes certain provisions of the franchise agreement and other information in plain language. Read this disclosure document and all agreements carefully.
If Expense Reduction Analysts, Inc. offers you a franchise, it must provide this disclosure document to you fourteen (14) calendar-days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale or grant.
New York and Rhode Island require that we give you this disclosure document at the earlier of the first personal meeting or ten (10) business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship. Michigan, Oregon, and Wisconsin require that we give you this disclosure document at least ten (10) business days before the execution of any binding franchise or other agreement or the payment of any consideration, whichever occurs first.
If Expense Reduction Analysts, Inc. does not deliver this disclosure document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, DC 20580 and your State Administrator listed in Exhibit A to this Franchise Disclosure Document. A list of franchisor's agents registered to receive service of process is listed in Exhibit A.
The Issue Date of this Disclosure Document is: April 25, 2025.
I have received a Franchise Disclosure Document dated April 25, 2025. The Disclosure Document includes the following exhibits:
Source: Item 22 — CONTRACTS (FDD pages 57–58)
What This Means (2025 FDD)
Yes, the 2025 Expense Reduction Analysts Franchise Disclosure Document (FDD) includes a receipt. The FDD states that Expense Reduction Analysts must provide the disclosure document to a prospective franchisee fourteen calendar days before they sign a binding agreement or make a payment. The receipt serves as proof that the franchisee received the FDD within the required timeframe.
The receipt included in Exhibit G of the Expense Reduction Analysts FDD is for the franchisee to acknowledge they received the Franchise Disclosure Document dated April 25, 2025, along with its exhibits. There is a copy for both the franchisee and Expense Reduction Analysts to keep. The receipt helps ensure compliance with federal and state laws regarding franchise disclosure.
It is important for prospective Expense Reduction Analysts franchisees to carefully review the FDD and all associated exhibits upon receipt. Signing and dating the receipt confirms that the document was received, but it does not waive any rights a franchisee may have regarding the accuracy or completeness of the disclosure. If a franchisee believes the FDD contains false or misleading information, or if it was not provided in a timely manner, they should report it to the Federal Trade Commission and their State Administrator.