Is the monthly Associate fee paid by a Focalpoint Coaching franchisee for each Associate refundable?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
ociates hired or retained by Franchisee must be approved by Franchisor and must complete Franchisor's training program for Associates to Franchisor's satisfaction prior to providing the Services to Franchisee's clients. Franchisee shall pay Franchisor a nonrefundable Associate set up fee in the amount of Five Thousand Dollars ($5,000) for each Associate Franchisee hires, which shall be used to support Franchisor's initial setup procedures for each Associate. Franchisee s
Source: Item 22 — Contracts (FDD pages 56–57)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, the monthly Associate fee is nonrefundable. Franchisees must pay Focalpoint Coaching a monthly Associate fee for each Associate they retain or hire. The amount of this fee is determined by Focalpoint Coaching and is payable on or before the first day of each month.
This means that once a Focalpoint Coaching franchisee hires an Associate, they are obligated to pay this monthly fee, regardless of the Associate's performance or continued employment. This fee is in addition to the nonrefundable Associate set up fee of $5,000 that the franchisee must also pay for each Associate.
Prospective Focalpoint Coaching franchisees should carefully consider the cost of these Associate fees when evaluating the potential profitability of their franchise. They should also inquire about the specific amount of the monthly Associate fee, as it may vary over time. Understanding these costs is crucial for accurate financial planning and ensuring the long-term success of the franchise.