What is the amount of the annual Technology Fee that a Focalpoint Coaching franchisee must pay?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
hisee is an Entity, Franchisee's Managing Owner) or Franchisee's Business Manager (defined in Subsection 4.A below) fails to successfully complete the initial training program.
D. TECHNOLOGY FEE.
Upon execution of this Agreement and when Franchisee retains or hires an Associate, Franchisee shall pay Franchisor a non-refundable technology fee (the "Technology Fee") of Three Thousand Dollars ($3,000), plus any applicable taxes. This fee is due, and fully earned by Franchisor, when Franchisee signs this Agreement or Franchisee retains or hires an Associate, whichever is applicable, and is not refundable under any circumstances. In addition, Franchisee agrees to pay Franchisor, in the manner provided below (or as the Operations Manual otherwise prescribes) an annual Technology Fee of One Thousand Two Hundred Fifty Dollars ($1,250), plus any applicable taxes. Franchisee agrees to pay Franchisor an additional annual Technology Fee for each Associate Franchisee retains or hires. The Technology Fee contributes to Franchisor's costs associated with the creation, maintenance and ongoing development of the intranet site and other technology used for the Franchise System. From the thirteenth (13th) month immediately following the Effective Date through the remainder of the term of this Agreement, Franchisee sha
Source: Item 22 — Contracts (FDD pages 56–57)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, franchisees must pay an annual Technology Fee of $1,250, plus any applicable taxes. This fee contributes to Focalpoint Coaching's costs associated with the creation, maintenance, and ongoing development of the intranet site and other technology used for the Franchise System. Franchisees must begin paying this annual fee from the thirteenth month following the Effective Date of the Franchise Agreement, with payments due on or before November 30th of each year.
In addition to the annual Technology Fee, a franchisee must also pay an initial Technology Fee of $3,000 upon execution of the Franchise Agreement. This initial fee is non-refundable. Furthermore, if a franchisee retains or hires an Associate, they must pay an additional Technology Fee, both initially and annually, for each Associate.
It's important to note that Focalpoint Coaching retains the right to increase the annual Technology Fee at any time, provided they give prior written notice to the franchisee. This means that the franchisee should be prepared for potential increases in this fee over the term of the Franchise Agreement. For Area Representatives, the Technology Fee is waived while the Area Representative Agreement is in effect, but this waiver expires if the Area Representative Agreement terminates, at which point the franchisee must immediately begin paying the Technology Fees.