What was the net change in the number of franchised Expense Reduction Analysts outlets during 2023?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
| OUTLET TYPE | YEAR | OUTLETS AT THE START OF THE YEAR | OUTLETS AT THE END OF THE YEAR | NET CHANGE* (+ or -) |
|---|---|---|---|---|
| Franchised | 2022 | 145 | 136 | -9 |
| 2023 | 136 | 144 | +9 | |
| 2024 | 144 | 161 | +17 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (REGIONAL FRANCHISEES) (FDD pages 52–57)
What This Means (2025 FDD)
According to Expense Reduction Analysts' 2025 Franchise Disclosure Document, the net change in the number of franchised outlets during 2023 was an increase of 9. Specifically, the number of franchised outlets began the year at 136 and ended the year at 144. This indicates that Expense Reduction Analysts experienced growth in its franchise network during that year.
It's important to note that this data reflects the net change, which accounts for both new franchise openings and any terminations or non-renewals that may have occurred during the year. A positive net change suggests that Expense Reduction Analysts was successful in attracting new franchisees and maintaining its existing relationships.
Prospective franchisees should consider this information in the context of overall trends in the franchise system. Reviewing the net change in previous years, such as the -9 in 2022 and +17 in 2024, can provide a more comprehensive understanding of the stability and growth potential of an Expense Reduction Analysts franchise. This data, combined with other factors like financial performance and franchisee satisfaction, can help in making an informed investment decision.