In North Dakota, when does Focalpoint Coaching defer the initial franchise fee payment?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
Despite the payment provisions above, we will defer payment of initial fees owed by you to us under this Agreement until all of our pre-opening obligations have been satisfied and you commence doing business under this Agreement.
Source: Item 22 — Contracts (FDD pages 56–57)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, franchisees in North Dakota will have their initial franchise fee payment deferred. Specifically, Focalpoint Coaching will defer the payment until all pre-opening obligations have been met by the company and the franchisee has commenced business operations.
This deferral is outlined in a rider to the standard Franchise Agreement, which addresses specific legal considerations for franchisees operating in North Dakota. This rider modifies sections 3.A and 4.A of the Franchise Agreement to reflect the fee deferral. This ensures compliance with the North Dakota Franchise Investment Law.
For prospective Focalpoint Coaching franchisees in North Dakota, this deferral of initial fees represents a significant benefit. It reduces the upfront financial burden, allowing the franchisee to allocate resources to other essential startup costs. It also aligns the franchisor's interests with the franchisee's success, as Focalpoint Coaching only receives the initial fee once the franchisee is ready to start generating revenue.