Does Focus Cfo bill in advance for CFO services?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
- 7.5.3.
All client payments are made to Focus CFO.
Focus CFO will pay Franchisee as an independent contractor from the funds received from the clients in accordance with the Compensation Policy as set forth in Attachment B.
- 7.5.4.
Franchisee and CFO licensee are not authorized to provide services to a prospective client until Focus CFO has received a signed copy of the full PSA (all pages) from the client.
Any payments received from businesses where Focus CFO does not have a signed PSA on file, will be returned, with no payments being made to Franchisee on these amounts.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, all client payments are made directly to Focus Cfo. The Focus Cfo franchise owner is paid as an independent contractor from the funds Focus Cfo receives from clients, according to the compensation policy detailed in Attachment B of the FDD.
Focus Cfo uses a standard Professional Service Agreement (PSA) for all client engagements. These PSAs are prepared through a centralized process to ensure that the contractual language, pricing, and terms adhere to Focus Cfo's standards. Franchisees are responsible for coordinating the preparation and successful execution of these client PSAs through this centralized process. Franchisees are authorized to execute Focus CFO's standard PSA on behalf of Focus Cfo, but only after it has been prepared and approved by Focus Cfo through the centralized preparation process.
Focus Cfo requires a signed copy of the full PSA from the client before the franchisee or CFO licensee can provide services to a prospective client. If Focus Cfo receives payments from businesses without a signed PSA on file, these payments will be returned, and no payments will be made to the franchisee on these amounts. The FDD does not specify whether Focus CFO bills in advance for CFO services, but it does state that Focus CFO must have a signed PSA on file before services are rendered.