What does each person executing the Focalpoint Coaching addendum certify and warrant?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
| FOCALPOINT COACHING, INC. | FRANCHISE OWNER |
|---|---|
| By: | (IF YOU ARE TAKING THE |
| FRANCHISE AS A CORPORATION, | |
| Stephen A. Thompson, President | LIMITED LIABILITY COMPANY, OR |
| PARTNERSHIP): | |
| DATED: | |
| [Print Name of Franchisee Entity] | |
| By: | |
| [Signature of person signing on behalf of entity] | |
| Title: | |
| DATED: | |
| (IF YOU ARE TAKING THE | |
| FRANCHISE INDIVIDUALLY AND | |
| NOT AS A LEGAL ENTITY): | |
| [Signature of individual franchisee] | |
| Print Name: | |
| DATED: | |
| [Signature of individual franchisee] | |
| Print Name: | |
| DATED: |
Source: Item 22 — Contracts (FDD pages 56–57)
What This Means (2025 FDD)
Based on the 2025 Focalpoint Coaching Franchise Disclosure Document, the document includes signature lines for both Focalpoint Coaching, Inc. and the prospective franchisee. Stephen A. Thompson, as President of Focalpoint Coaching, Inc., signs on behalf of the company. The franchisee signatures vary depending on whether the franchise is being taken as a corporation, limited liability company, partnership, or individually. If the franchise is taken as a legal entity, the printed name of the franchisee entity is required, along with the signature and title of the person signing on behalf of the entity. If the franchise is taken individually, the signatures and printed names of the individual franchisees are required. Each party, through their signature, acknowledges and agrees to the terms and conditions outlined in the rider, making it a legally binding agreement.
The inclusion of these signature blocks in the addendum ensures that all parties involved—Focalpoint Coaching and the franchisee—formally acknowledge and agree to the specific terms and conditions outlined in the addendum. This is a standard legal practice to ensure that all parties are aware of their rights and obligations. The structure allows for different types of business entities to enter into the agreement, accommodating various franchisee preferences and business structures.
The presence of signature lines for both the franchisor and franchisee, along with spaces for printed names and titles, ensures clarity and accountability. This is a common practice in franchising to formalize the agreement and demonstrate that all parties have willingly entered into the contractual relationship. The specific requirements for individual versus entity-based franchisees further ensure that the appropriate individuals are bound by the agreement, reducing potential ambiguity or disputes in the future.