What was the total amount of commission paid by Focalpoint Coaching in the previous year?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
om companies affiliated through common ownership totaling $465,051 and $303,083, respectively. There are no specific repayment terms or interest noted.
Included in general and administrative expenses for the year ended December 31, 2024 and 2023 are amounts paid as management fees to companies affiliated through common ownership totaling $1,263,161 and $1,004,506, respectively. Management fees are charged to the Company by a
Source: Item 21 — Financial Statements (FDD page 56)
What This Means (2025 FDD)
Based on the 2025 Focalpoint Coaching FDD, the document does not explicitly state the total amount of commission expenses paid by Focalpoint Coaching for the year 2024 (the previous year). However, the financial statements included in Item 21 do provide details on various expenses, including management fees paid to affiliated companies.
Specifically, the FDD mentions that management fees paid to companies affiliated through common ownership totaled $1,263,161 for the year ended December 31, 2024, and $1,004,506 for the year ended December 31, 2023. These management fees were paid to FocalPoint International, Inc., along with unrelated third-party advisors.
To determine the total commission expenses, a prospective franchisee should inquire directly with Focalpoint Coaching's management. Requesting a breakdown of sales and marketing expenses, including commissions, would provide a clearer picture of where the company's funds are allocated and the costs associated with generating revenue.