What additional documentation are Focus CFO Franchisees asked to execute when a BAA is required with a client?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
- Business Associate Agreements (BAA). In accordance with Focus CFO policy, Franchisees are never authorized to execute a BAA as prepared by the client. Focus CFO has a standard BAA that can be provided to a client, in cases when a BAA is required by the client. Franchisees are authorized to execute a BAA only when prepared through Focus CFO's centralized preparation process only. When a BAA is required with a client, Franchisees are also asked to execute additional documentation for Focus CFO indicating the Franchisee is aware of the requirements of the BAA and will be in ongoing compliance with Focus CFO policies and procedures surrounding clients where a BAA in place.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to the 2025 Focus CFO Franchise Disclosure Document, when a Business Associate Agreement (BAA) is required with a client, Focus CFO franchisees are required to execute additional documentation for Focus CFO. This documentation confirms that the franchisee is aware of the BAA's requirements and will maintain ongoing compliance with Focus CFO's policies and procedures related to clients with a BAA in place.
This policy ensures that all franchisees understand and adhere to the necessary compliance standards when handling sensitive client information that necessitates a BAA. By requiring franchisees to acknowledge their understanding and commitment to these policies, Focus CFO aims to minimize the risk of non-compliance and protect both the client and the franchise from potential legal or financial repercussions.
This requirement highlights the importance Focus CFO places on regulatory compliance and risk management. It also demonstrates the franchisor's proactive approach to ensuring that all franchisees are well-informed and accountable for their actions when dealing with sensitive client data. Prospective franchisees should carefully review Focus CFO's policies and procedures related to BAAs to fully understand their obligations and responsibilities.