table_specific

What was the lowest project total invoice for Expense Reduction Analysts franchisees in 2023?

Expense_Reduction_Analysts Franchise · 2025 FDD

Answer from 2025 FDD Document

2022 2023 2024
Low Project Total Invoice $149 $130 $106

Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 47–52)

What This Means (2025 FDD)

According to Expense Reduction Analysts' 2025 Franchise Disclosure Document, the lowest project total invoice for franchisees in 2023 was $130. This figure represents the lowest amount invoiced for a single project completed by an Expense Reduction Analysts franchisee during that year. It is important to note that project invoicing incorporates all invoicing for the calendar year, meaning that the billing for a single project could have started as early as January 1, 2022, or as late as December 31, 2022.

This information is valuable for prospective franchisees as it provides insight into the potential range of project sizes and revenue that can be generated. While the average and median project totals are significantly higher, this figure demonstrates that some projects may be relatively small in scope. Understanding the lower end of the project spectrum can help franchisees prepare for the diversity of opportunities they may encounter.

It is important for potential franchisees to consider that the success of their Expense Reduction Analysts business will depend on various factors, including their ability to secure clients, the size and complexity of the projects they undertake, and their overall business management skills. While the FDD provides historical data on project invoicing, individual results may vary, and there is no guarantee that a franchisee will achieve similar financial performance.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.