How much more revenue did Focalpoint Coaching generate from training fees in 2024 compared to 2023?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
Wightman & Company, CPAs, LLC
Las Vegas, Nevada
February 26, 2025
NET REVENUES Years Ended December 31, 2024 and 2023
| 2024 | 2023 | |||||
|---|---|---|---|---|---|---|
| Amount | Percent to Revenues | Amount | Percent to Revenues | |||
| Conference fee | $ 220,787 | 2.89% | $ | 174,681 | 2.85% | |
| Franchise fee | 2,367,359 | 31.03 | 2,181,700 | 35.64 | ||
| Marketing fee | 174,050 | 2.28 | 144,550 | 2.36 | ||
| Marketing fund | 48,645 | .64 | 42,428 | .69 | ||
| Royalty fee | 2,749,313 | 36.04 | 2,379,667 | 38.88 | ||
| Technology fee | 189,194 | 2.48 | 137,550 | 2.25 | ||
| Training |
Source: Item 21 — Financial Statements (FDD page 56)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, the company experienced an increase in revenue generated from training fees between 2023 and 2024. In 2024, Focalpoint Coaching generated $1,099,316 in training fees, which accounted for 14.41% of their total revenue. In the previous year, 2023, the training fees amounted to $860,950, representing 14.06% of the total revenue.
To determine the increase in revenue from training fees, we subtract the 2023 amount from the 2024 amount. This calculation ($1,099,316 - $860,950) reveals that Focalpoint Coaching generated $238,366 more in training fees in 2024 compared to 2023.
For a prospective franchisee, this increase suggests a growing demand for Focalpoint Coaching's training programs. This could be due to an increase in the number of franchisees, improved training program offerings, or a combination of both. The consistent percentage of revenue from training fees (approximately 14%) indicates that training remains a stable and significant revenue stream for Focalpoint Coaching.