What is the technology fee for a Focalpoint Coaching franchise?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
fundable under any circumstances.
You must pay us a technology fee in the amount of $3,000, plus any applicable taxes, (the "Technology Fee") in a lump sum when you sign the Franchise Agreement as the first payment of the annual Technology Fee. You must pay us an additional Technology Fee for each Associate you retain or hire. If you operate a FocalPoint AR Business under an Area Representative Agreement with us, when you sign the Franchise Agreement you also will sign the AR Addendum which will waive your obligation to pay the Technology Fee under the Franchise Agreement until such time as your Area Representative Agreement terminates or expires. The Technology Fee contributes to our costs associated with the creation, maintenance and ongoing development of the intranet site and other technology used for the Franchise System. See Item 6 for additional information. Except as noted above for Area Representatives, the Technology Fee is uniform as to all franchisees currently purchasing a franchise for a FocalPoint Franchised Business and is not r
Source: Item 5 — Initial Fees (FDD pages 12–14)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, franchisees must pay a technology fee. This fee is $3,000, plus any applicable taxes. This is paid in a lump sum when the Franchise Agreement is signed and serves as the first payment of the annual Technology Fee. Additionally, franchisees must pay a Technology Fee for each Associate they retain or hire.
The Technology Fee contributes to Focalpoint Coaching's costs associated with the creation, maintenance, and ongoing development of the intranet site and other technology used for the Franchise System. This suggests that Focalpoint Coaching invests in providing technological resources to its franchisees, which could be beneficial for managing and growing the business.
However, the FDD notes an exception for Focalpoint AR Businesses operating under an Area Representative Agreement. These franchisees will sign an AR Addendum that waives the Technology Fee obligation until the Area Representative Agreement terminates or expires. This could be a significant benefit for franchisees who qualify under this specific arrangement. The Technology Fee is uniform as to all franchisees currently purchasing a franchise for a FocalPoint Franchised Business and is not refundable under any circumstances.