According to the FocalPoint Coaching FDD, where can I find the Franchise Agreement?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
If you are a corporation, partnership, limited liability company, or other entity, your owners must sign our "Guaranty and Assumption of Obligations," which means that all of our Franchise Agreement's provisions (Exhibit B) also will apply to your owners. (See Item 15)
Source: Item 1 — The Franchisor and any Parents, Predecessors, and Affiliates (FDD pages 9–10)
What This Means (2025 FDD)
According to FocalPoint Coaching's 2025 Franchise Disclosure Document, the Franchise Agreement can be found in Exhibit B. Item 1 clarifies that if the franchisee is a corporation, partnership, limited liability company, or other entity, the owners must sign a "Guaranty and Assumption of Obligations." This means that all provisions outlined in the Franchise Agreement (Exhibit B) will also apply to the owners of the franchisee entity.
This is a standard practice in franchising, as franchisors want to ensure that the obligations of the Franchise Agreement are not only binding on the business entity but also on the individuals who own and control it. This provides an additional layer of security for FocalPoint Coaching, ensuring that the owners are personally responsible for upholding the terms of the agreement.
Prospective FocalPoint Coaching franchisees should carefully review Exhibit B to fully understand their rights and obligations under the Franchise Agreement. They should also be aware that if they operate their franchise through a business entity, they will be required to have their owners sign a guaranty, making them personally liable for the franchise's performance.