How often is the Expense Reduction Analysts Technology Fee payable to the Franchisor?

According to the 2025 Expense Reduction Analysts Franchise Disclosure Document, the Technology Fee is payable to the Franchisor each quarter, or in any other frequency or method specified by the Franchisor. The franchisor will provide the payment date in the Manual or otherwise in writing, and payment can be made via EFT, ACH, or direct debit. As of the date of the Franchise Agreement, the Technology Fee is $1,269.76.

Expense Reduction Analysts reserves the right to adjust the Technology Fee annually based on any increase in the Consumer Price Index (CPI) as defined in section 34.15 of the agreement. This means that the fee could increase over time, potentially impacting a franchisee's operating costs. It is important for prospective franchisees to understand how these adjustments are calculated and how they might affect their profitability.

In addition to the base Technology Fee, Expense Reduction Analysts retains the right to implement additional technology fees as changes are made to the ERA System's hardware, software, and other computer requirements, or as required by third-party vendors or regulatory agencies. This clause provides Expense Reduction Analysts with the flexibility to adapt to changing technological landscapes and regulatory requirements, but it also introduces uncertainty for franchisees, who may face unexpected cost increases. Franchisees should inquire about the potential frequency and magnitude of these additional fees to better assess their financial obligations.

Overall, the Technology Fee is a recurring expense that Expense Reduction Analysts franchisees must budget for. The franchisor's ability to modify the fee annually and introduce additional technology fees highlights the importance of carefully reviewing the franchise agreement and understanding the potential financial implications of these provisions.