Who is the signing party for Focalpoint Coaching, Inc. on the franchise agreement?
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)
According to the 2025 Focalpoint Coaching Franchise Disclosure Document, the signing party for Focalpoint Coaching, Inc. is Stephen A. Thompson, President. The franchisee's signature requirements depend on how they are taking the franchise. If the franchisee is taking the franchise as a corporation, limited liability company, or partnership, the 'Print Name of Franchisee Entity', a signature of the person signing on behalf of the entity, and the title are required. If the franchisee is taking the franchise individually and not as a legal entity, the signature and printed name of the individual franchisee are required.
This means that Stephen A. Thompson, as President of Focalpoint Coaching, Inc., will sign the franchise agreement on behalf of the company. The franchisee will then sign, depending on whether they are an individual or a legal entity, thus formalizing the agreement between both parties. The date must also be present on the franchise agreement.
It is important to note that the specific requirements for franchisee signatures depend on the legal structure the franchisee chooses for their business. This is a common practice in franchising, as it allows for flexibility in how franchisees operate their businesses while ensuring that the agreement is legally binding for both Focalpoint Coaching and the franchisee.