Can Focus Cfo assign the franchise agreement to any entity?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Franchise Agreement | Summary |
|---|---|---|
| convicted of a misdemeanor offense involving moral turpitude; (ix) you fail to comply with any applicable federal, state or local regulations or laws relating to the Franchise, the CFO Services or Focus CFO's business. With respect to a Transfer of the Franchisee's Book of Business, the Franchise Agreement will immediately terminate twelve (12) months from the date of transfer if not terminated earlier. Focus CFO is not required to give you prior notice or the right to cure for these events. | ||
| i. Your obligations on termination/non-renewal | Sections 11, 13, 15 | Return of all information, including confidential and proprietary information, including without limitation that related to our clients, potential clients, standard documents or templates, bulk marketing materials, policies or procedures, clients or contacts, including original materials, photocopies, databases, computer files that you receive either from Focus CFO, directly or indirectly, including from our service providers, or from our clients or prospective clients. Comply with non-solicitation and non-compete clauses. Not use or disclose Focus CFO confidential information. Indemnify Focus CFO for breaches, untrue representations, negligence or intentional misconduct. |
| j. Assignment of | Section 12 | No restriction on Focus CFO's right to assign. |
| contract | ||
| by Focus CFO |
Source: Item 17 — Renewal, Termination, Transfer, and Dispute Resolution (FDD pages 27–32)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, Focus CFO has the right to assign the franchise agreement without any restrictions. This is a standard clause in most franchise agreements, allowing the franchisor flexibility in corporate restructuring, mergers, acquisitions, or other business transactions.
For a prospective franchisee, this means that the entity they initially contract with as Focus Cfo could change over the term of the agreement. While the terms of the franchise agreement should remain the same, the franchisee would be dealing with a new legal entity as the franchisor.
This clause does not grant the franchisee the same right; the conditions under which a franchisee can transfer their interest are much more specific and require Focus CFO's approval. This asymmetry is typical in franchising, where the franchisor retains significant control over the brand and network.