Does the addendum require the franchisee to consent to be bound by its terms for Focus Cfo?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
ATTACHMENT E TO FRANCHISE AGREEMENT
FRANCHISEE PERFORMANCE STANDARDS AND FAILURE TO PERFORM GUIDELINES (EFFECTIVE AS OF APRIL 30, 2021)
Focus CFO has the right to modify the provisions of the Attachment upon 30 days prior written notice.
All Franchisees are expected to meet the performance standards outlined below. If you fail to meet any one of these standards and such failure continues after receiving thirty (30) days' notice from Focus CFO of such failure to meet the standard, or you accumulate three (3) violations of any individual or combination of these standards below, during the term of this Agreement, including repeated violations of the same standard, Focus CFO will have the right to terminate the Agreement by written notice to you without any further opportunity to cure.
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- You must comply with Focus CFO's policies, as outlined the Playbook;
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- You must participate in, or attend, at least 75% of the total required training sessions held by Focus CFO;
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- You must consistently demonstrate, follow, and abide by, Focus CFO's Core Values as outlined on Focus CFO's website and in the Playbook (violations of which can be reported by another Franchisee or Corporate Associate);
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- You must regularly collaborate with other Area Presidents and CFOs within your Home Territory or within any Secondary Territory granted to the Area President;
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- You must demonstrate an ability to follow Focus CFO's core processes and procedures related to business development, new client acquisitions, ongoing client support and client retention;
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- You must not be negligent in the performance of the duties as outlined in the Franchise Agreement or as a result of any Focus CFO client arrangement; and
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- You must follow the policies or directives of Focus CFO, any Focus CFO affiliate or a Focus CFO client, as such policies or directives are established from time to time after written notice by us.
ATTACHMENT F TO FRANCHISE AGREEMENT
AUTHORITY TO BIND FOCUS CFO (EFFECTIVE AS OF APRIL 30, 2021)
Focus CFO has the right to modify the provisions of this Attachment upon 30 days prior written notice.
A Franchisee's ability to bind Focus CFO is limited to the following, all of which require the advance approval of Focus CFO:
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
Based on the 2025 Focus Cfo Franchise Disclosure Document, Attachment E outlines Franchisee Performance Standards and Failure to Perform Guidelines, while Attachment F details the Authority to Bind Focus CFO. The document states that Focus CFO has the right to modify the provisions of both attachments upon 30 days prior written notice.
Attachment E lists several performance standards that franchisees are expected to meet. These include compliance with Focus CFO's policies as outlined in the Playbook, participation in at least 75% of required training sessions, adherence to Focus CFO's Core Values, collaboration with other Area Presidents and CFOs, following core processes for business development and client support, avoiding negligence in duty performance, and following policies or directives issued by Focus CFO or its affiliates after written notice.
If a Focus Cfo franchisee fails to meet these standards and the failure continues after 30 days' notice, or if they accumulate three violations of any standard, Focus CFO has the right to terminate the agreement without further opportunity to cure the issues. This indicates that franchisees are expected to adhere to these attachments, and continued failure to do so can result in termination of the franchise agreement.