How does Focalpoint Coaching report long-lived assets that are to be disposed of?

According to Focalpoint Coaching's 2025 Franchise Disclosure Document, the company addresses the accounting treatment of long-lived assets. When Focalpoint Coaching intends to dispose of certain long-lived assets, these assets are reported on the balance sheet at the lower of their carrying amount or their fair value, less the costs required to sell them.

This accounting practice means that Focalpoint Coaching will recognize any immediate loss if the fair value less cost to sell is below the current book value of the asset. This ensures that the financial statements reflect a realistic value for assets that are intended for disposal.

For a prospective Focalpoint Coaching franchisee, understanding this policy is important because it affects how the company's assets and financial performance are reported. It provides insight into how Focalpoint Coaching manages and values its assets, especially when deciding to sell or dispose of them. This can be a useful indicator of the company's financial health and strategic decision-making.