For Expense Reduction Analysts franchisees, what is the 'Payment Date' on which Net Cumulative Receipts are distributed?

According to the 2025 Expense Reduction Analysts Franchise Disclosure Document, the 'Payment Date' for Centralized Billing Service is the tenth (10th) day of each calendar month. However, if the 10th falls on a non-business day, the payment date shifts to the next business day.

This means that Expense Reduction Analysts franchisees utilizing the Centralized Billing Service must ensure that their Net Cumulative Receipts payments are submitted by this date each month. A 'business day' is further defined in the FDD as excluding Saturdays, Sundays, and specific national holidays, including New Year's Day, Martin Luther King Day, Presidents' Day, Memorial Day, Independence Day, Labor Day, Columbus Day, Veterans Day, Thanksgiving, and Christmas.

For a prospective Expense Reduction Analysts franchisee, understanding this payment schedule is crucial for managing cash flow and avoiding late payment penalties. Franchisees should mark their calendars and be aware of how holidays may shift the payment date to ensure timely compliance.