What is Attachment B Section 1.E.i in the Focus Cfo FDD about?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
If Franchisee expresses an intent to provide CFO Services, Franchisee may either: (i) perform CFO Services on a limited basis as a CFO, as set forth in Attachment B Section 1.E.i., under a separate CFO Licensing Agreement with Focus CFO while maintaining its status as an Area President under this Agreement; or (ii) terminate this Agreement and its right to operate as an Area President and apply with Focus CFO to acquire a non-exclusive license to operate as a CFO under a Focus CFO Licensing Agreement.
Under this Section 1.4(ii), Focus CFO will not refund any difference, if applicable, between the Franchise Fee paid by Franchisee under this Agreement and any payment required to obtain a non-exclusive license.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, Attachment B Section 1.E.i. pertains to the possibility of a franchisee providing CFO Services on a limited basis. Specifically, if a franchisee wishes to provide CFO Services, they have the option to perform these services as a CFO under a separate CFO Licensing Agreement with Focus CFO, while still maintaining their status as an Area President under the Franchise Agreement.
This arrangement requires the franchisee to enter into a separate CFO Licensing Agreement with Focus CFO. This allows the franchisee to offer CFO Services to clients while simultaneously operating as an Area President, focusing on generating new clients through Focus CFO's established systems.
Alternatively, the franchisee can choose to terminate their Franchise Agreement as an Area President and apply for a non-exclusive license to operate solely as a CFO under a Focus CFO Licensing Agreement. However, Focus CFO will not refund any difference between the Franchise Fee already paid under the Franchise Agreement and any payment required for the non-exclusive license. This provides flexibility for franchisees who may want to shift their focus from business development to direct service provision, but it's important to note that there are no refunds if they choose to switch roles.