What is the insufficient funds processing fee for a Focalpoint Coaching franchise in Minnesota?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
hise Agreement. This Rider is being signed because (a) the Franchised Business that you will operate under the Franchise Agreement will be located in Minnesota; and/or (b) any of the offering or sales activity relating to the Franchise Agreement occurred in Minnesota.
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- Initial Fees. The following language is added to the end of Sections 3.A and 4.A of the Franchise Agreement:
Despite the payment provisions above, we will defer payment of initial fees owed by you to us
Source: Item 22 — Contracts (FDD pages 56–57)
What This Means (2025 FDD)
According to the 2025 Focalpoint Coaching Franchise Disclosure Document, a specific rider applies to franchises operating in Minnesota. This rider modifies the standard Franchise Agreement to account for Minnesota state law.
Specifically, the rider addresses the insufficient funds processing fee. If a Focalpoint Coaching franchisee in Minnesota has insufficient funds in their Electronic Debit Transfer Account (EDTA) to cover amounts owed to Focalpoint Coaching, or if a check is returned for insufficient funds, Focalpoint Coaching will charge a processing fee.
The processing fee for insufficient funds is $30. This fee is intended to compensate Focalpoint Coaching for the additional administrative expenses incurred as a result of the failed payment. This is a fairly standard practice in franchising, as franchisors often have to deal with payment issues from franchisees and need to cover the associated costs.