What is the maximum conference fee that Expense Reduction Analysts can charge per attendee?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
red to pay the applicable Training Fee for those that attend the Third-Party Training; and (ii) responsible for the costs and expenses associated with You and any other required trainees attending such training. Once Your ERA Business is open and has commenced operations, the Franchisor will have the right to make Third-Party Training part of any Additional Training or Remedial Training that the Franchisor may require under Section 12.2 of this Agreement.
- (6) The Franchisor may establish and conduct an annual conference for all ERA Businesses, and may require You and any other Practice Model Consultants of the ERA Business to attend this conference each year. You will be solely responsible for all expenses incurred in attending the annual conference (including any employee wages). The Franchisor reserves the right to require You to pay the Franchisor its then-current conference fee prior to
Source: Item 23 — RECEIPTS (FDD pages 58–215)
What This Means (2025 FDD)
According to Expense Reduction Analysts's 2025 Franchise Disclosure Document, the franchisor may host an annual conference that franchisees and their personnel may be required to attend. Expense Reduction Analysts reserves the right to charge a conference fee.
The maximum conference fee that Expense Reduction Analysts can charge is $1,500 per attendee. This fee is subject to Consumer Price Index (CPI) adjustments, meaning it can increase annually based on inflation. Franchisees are responsible for all other expenses related to attending the conference, including travel, hotel, food, and employee wages.
However, Expense Reduction Analysts offers a benefit for new franchisees. If a franchisee attends a conference within their first 12 months of operation, Expense Reduction Analysts will cover the conference fee for one person. This can help offset the initial costs of starting the franchise and provide an opportunity for new franchisees to network and learn from experienced franchisees.
It is important for prospective franchisees to factor in the potential costs of attending the annual conference, including the conference fee (which may increase over time due to CPI adjustments) and all associated travel and accommodation expenses. While the first-year benefit helps, ongoing conference attendance represents a recurring cost that should be considered in the overall financial planning for the Expense Reduction Analysts franchise.