Does the Expense Reduction Analysts Franchise Agreement have any exhibits that are not included in the FDD?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 1: THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES]
ITEM 1. THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES
If you are a corporation, limited liability company or other business entity, certain provisions of our franchise agreement attached as Exhibit C (the "Franchise Agreement") also apply to your owners and will be noted.
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.
EXHIBIT G RECEIPTS
EXHIBIT E STATE ADDENDA
Source: Item 22 — CONTRACTS (FDD pages 57–58)
What This Means (2025 FDD)
According to the 2025 Expense Reduction Analysts Franchise Disclosure Document, the document includes several exhibits. Item 1 references Exhibit C as the Franchise Agreement. Item 23 mentions Exhibit A, which lists the State Administrator and franchisor's agents registered to receive service of process. Exhibit G contains receipts. Item 20 references Exhibit E, which contains state addenda. These addenda provide state-specific modifications to the franchise agreement, ensuring compliance with local laws.
For a prospective Expense Reduction Analysts franchisee, this means that the Franchise Disclosure Document is not just a single document but a collection of documents that include the franchise agreement itself and other exhibits. These exhibits provide important information, such as contact details for state administrators and modifications to the franchise agreement based on the franchisee's location.
It is important for potential franchisees to carefully review all exhibits to fully understand the terms and conditions of the franchise agreement and any state-specific regulations that may apply. By understanding these exhibits, franchisees can make informed decisions and avoid potential legal issues.