When is the one-time fee for the Focalpoint Coaching initial training program due?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
For both area representatives and unit franchisees there is a fee for the mandatory attendance of the FocalPoint Franchised Business initial training program. This is a one-time fee due upon execution of the franchise agreement and is recognized as revenue when training is completed.
Source: Item 21 — Financial Statements (FDD page 56)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, both area representatives and unit franchisees must pay a one-time fee for the mandatory initial training program. This fee is due upon execution of the franchise agreement. Focalpoint Coaching recognizes this fee as revenue once the training is completed.
This means that prospective franchisees should be prepared to pay the training fee at the time they sign the franchise agreement. It is important to factor this cost into the initial investment required to start a Focalpoint Coaching franchise.
Franchisees should also note that while the fee is paid upfront, Focalpoint Coaching only recognizes it as revenue after the training is completed. This accounting practice suggests that Focalpoint Coaching is committed to providing the training as agreed upon, as they do not consider the fee fully earned until the training has been delivered.