When is the technology fee for Focalpoint Coaching paid?
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, the technology fee is due when the Franchise Agreement is signed. The franchisee must pay a lump sum of $3,000, plus any applicable taxes, at this time. This payment is considered the first payment of the annual Technology Fee.
The Technology Fee contributes to Focalpoint Coaching's costs related to the creation, maintenance, and ongoing development of the intranet site and other technology used for the Franchise System. In addition to the initial fee, a franchisee must also pay an additional Technology Fee for each Associate they retain or hire.
However, if a franchisee operates a Focalpoint Coaching business under an Area Representative Agreement, they will sign an AR Addendum with the Franchise Agreement. This addendum waives the obligation to pay the Technology Fee until the Area Representative Agreement terminates or expires. The technology fee is uniform to all franchisees currently purchasing a franchise, and it is not refundable under any circumstances.