When is the first annual Technology Fee payment due for a Focalpoint Coaching franchise?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
- 5/ You must pay us the first annual payment of the Technology Fee in a lump sum when you sign the Franchise Agreement. See Item 5. From Month 13 immediately following the Effective Date through the remainder of the term of the Franchise Agreement, you must pay us the Technology Fee on an annual basis on or before November 30th of each year.
- 6/ Brand Damages include all damages, costs, expenses, attorneys' and experts' fees directly or indirectly related to early termination, including lost Royalties, lost profits, loss of goodwill and damage to our Marks and reputation, lost opportunities, travel and personnel costs, expenses that we may incur in finding another franchise owner, and any other lost payments or benefits we would have received for the balance of the term of the Franchise Agreement after the effective date of termination.
Source: Item 6 — Other Fees (FDD pages 14–20)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, the initial Technology Fee payment is due when you sign the Franchise Agreement. After the first year, subsequent annual Technology Fees must be paid on or before November 30th of each year.
The Technology Fee is $1,250 per year, plus an additional $1,250 per Associate per year, in addition to any applicable taxes. Focalpoint Coaching retains the right to increase the Technology Fee at any time, provided they give prior written notice to the franchisee.
It's important to note that if a franchisee operates a FocalPoint AR Business under an Area Representative Agreement, their obligation to pay the Technology Fee is waived until the Area Representative Agreement terminates or expires. This could provide a temporary financial benefit to franchisees who qualify.