What was the net internal-use software value for Expense Reduction Analysts in 2024?

According to Expense Reduction Analysts's 2025 Franchise Disclosure Document, the company capitalized software development costs of $46,350 in 2024. These costs were included in internal-use software on the balance sheets. Additionally, depreciation expense of $15,982 was charged to operations for the year ending December 31, 2024.

This means that Expense Reduction Analysts invested in its internal software during the year, adding to its asset base. However, the software also depreciated, reflecting the reduction in its value over time. The company amortizes internal-use software on a straight-line basis over an estimated useful life of 10 years.

For a prospective franchisee, understanding these figures is important because it provides insight into Expense Reduction Analysts's investments in technology and how they manage their assets. While the document details the capitalized costs and depreciation, it does not provide the net value of the internal-use software. To determine the net value, a prospective franchisee would need to subtract the accumulated depreciation from the capitalized costs. This information is not provided in this excerpt. Therefore, it would be prudent to ask Expense Reduction Analysts for the net internal-use software value to gain a clearer picture of the company's financial position.