When must a Focalpoint Coaching franchisee pay the first annual Conference Registration Fee?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
- 4/ The amount of the Conference Registration Fee will vary from year to year depending on the location of the annual national and/or regional conference and other factors. You must pay us the first annual payment of the Conference Registration 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 the entire Conference Registration Fee each year either in a lump sum at least 60 days prior to attending the annual conference or a prorated monthly amount of the Conference Registration Fee on the 15th day of each month, which we determine each year in our sole discretion and notify you of the required payment timing in electronic communication we send annually. Failure to attend our annual national and/or any regional conference does not waive your obligation to pay the Conference Registration Fee or any other fees due and payable for regional conferences.
Source: Item 6 — Other Fees (FDD pages 14–20)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, the franchisee must pay the first annual Conference Registration Fee when they sign the Franchise Agreement. After the first year, starting from Month 13 following the Effective Date, the franchisee can choose to pay the entire fee in a lump sum at least 60 days before the annual conference or in prorated monthly installments on the 15th of each month. The exact amount and payment timing for the monthly option will be determined by Focalpoint Coaching each year.
It is important to note that the Conference Registration Fee is not waived even if the franchisee does not attend the annual national or any regional conference. The amount of the Conference Registration Fee can vary each year based on the location of the conference and other factors. While the FDD specifies that the fee will not exceed $3,500, the current fee is $2,250 per person, including Associates.
However, if a franchisee operates a FocalPoint AR Business under an Area Representative Agreement, they may have their obligation to pay the Conference Registration Fee waived until the Area Representative Agreement terminates or expires. This waiver is documented in the AR Addendum, which is signed along with the Franchise Agreement. This could represent a significant cost savings for franchisees who qualify for the waiver.
Prospective franchisees should carefully consider these payment terms and the potential for the fee to change annually. Understanding the conditions under which the fee may be waived is also crucial for those considering an Area Representative Agreement. It is also important to factor in additional costs, such as travel and living expenses, for attending the conference, as these are the franchisee's responsibility.