What is the net change in net intangible assets for Expense Reduction Analysts from 2023 to 2024?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
he years ended:
| 2025 | 18,299 |
|---|---|
| 2026 | 18,299 |
| 2027 | 18,299 |
| 2028 | 18,299 |
| 2029 | 18,299 |
| Thereafter | 66,362_ 157,857 |
NOTE 5 INTANGIBLE ASSETS
Intangible assets consisted of the following at December 31:
| 2024 | 2023 | |
|---|---|---|
| Area Development License Rights |
Source: Item 23 — RECEIPTS (FDD pages 58–215)
What This Means (2025 FDD)
According to Expense Reduction Analysts's 2025 Franchise Disclosure Document, the net intangible assets increased from 2023 to 2024. In 2023, the net intangible assets totaled $5,640,216. By 2024, this figure had risen to $5,814,891.
This represents an increase of $174,675 in net intangible assets for Expense Reduction Analysts over the course of one year. Intangible assets include items like Area Development License Rights and Franchise License Rights, which are essential to Expense Reduction Analysts's business model.
For a prospective franchisee, this increase could signal positive growth and brand recognition for Expense Reduction Analysts. It suggests that the company's core intangible assets, such as its licensing agreements, are becoming more valuable over time. However, it's important to consider this figure in conjunction with other financial metrics to get a comprehensive view of the company's financial health.