In what state was Expense Reduction Analysts incorporated?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
We were incorporated in California on September 12, 2002. We have a principal place of business at 16415 Addison Road, Suite 410, Addison, Texas 75001, and we only do business under our corporate name and certain of the Marks (as defined below in this Item).
We have been offering the franchises for the right to own and operate Consulting Businesses since November 2002.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 6–10)
What This Means (2025 FDD)
According to the 2025 Expense Reduction Analysts Franchise Disclosure Document, Expense Reduction Analysts, Inc. was incorporated in California on September 12, 2002. The company's principal place of business is located at 16415 Addison Road, Suite 410, Addison, Texas 75001. Expense Reduction Analysts has been offering franchises for consulting businesses since November 2002.
This information is crucial for prospective franchisees as it establishes the legal foundation and operational base of Expense Reduction Analysts. Knowing the incorporation state can be relevant for understanding the legal framework under which the franchise operates. The commencement date of franchise offerings provides insight into the company's experience in the franchising industry.
Furthermore, the FDD mentions that Expense Reduction Analysts also began offering Area Representative Franchises in November 2002, though they do not currently intend to continue offering them. As of December 31, 2023, there were 6 Area Representative Franchisees operating 5 outlets and 144 Regional Franchisees. This historical context helps potential franchisees understand the evolution of the Expense Reduction Analysts franchise model and its current focus on Regional Franchises.