What is the process for Expense Reduction Analysts to communicate changes to the Technology Fee amount?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
press, implied or collateral, that Your ERA Business is likely to achieve any level of volume, profit or success. Furthermore, You agree and acknowledge that Your ability to achieve the activities required in the ISMP Marketing and Activity Plan will be largely dependent upon Your ability as an independent businessperson.
5.3 Technology Fee
The Franchisor reserves the right to require the Franchisee to pay the Franchisor or the Franchisor's designated vendor(s) a fee (which may be collected monthly, quarterly, or annually) associated with maintaining required computer hardware and software, hosting and any other technology used in the operation of the ERA Business, and such payment shall be made in the manner prescribed by the Franchisor or the designated vendor(s), as applicable ("Technology Fee"). If the Franchisor collects a Technology Fee directly, the fee in the amount as outlined in Section 9 of the Data Sheet must be paid as described in Section 9 of the Data Sheet, or as otherwise set forth in writing by the Franchisor.
Source: Item 23 — RECEIPTS (FDD pages 58–215)
What This Means (2025 FDD)
According to the 2025 Expense Reduction Analysts FDD, Expense Reduction Analysts retains the right to modify the Technology Fee amount or introduce new technology fees as updates are made to the ERA System's hardware, software, and other computer requirements. These changes may also occur if required by third-party vendors or regulatory agencies.
The Technology Fee covers the costs associated with maintaining necessary computer hardware and software, hosting, and other technology essential for operating an Expense Reduction Analysts business. This fee may be collected monthly, quarterly, or annually.
The specific process for communicating these changes is not explicitly detailed in this section. However, the FDD states that the franchisee will pay the technology fee in the amount outlined in Section 9 of the Data Sheet, or as otherwise set forth in writing by Expense Reduction Analysts. This implies that any changes to the Technology Fee will be communicated to the franchisee in writing.