What is the consequence of failing to comply with Focus Cfo's policies as outlined in the Playbook?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Franchise Agreement | Summary |
|---|---|---|
| a. Term of the franchise | Section 2.1 | Term is 10 years. |
| b. Renewal or extension | Section 2.2 | If, upon expiration of the Initial Term of the |
| of the term | franchise, you are still performing as an Area | |
| Provision | Section in Franchise Agreement | Summary |
| Agreement | President then you shall have the right to renew the franchise if certain conditions are met. | |
| c. Requirements for you to | Section 2.3 | (i) subject to state law, you execute general releases in a form similar to that in Exhibit G; (ii) you have complied with all provisions of the Franchise Agreement; (iii) you have satisfied all Performance Standards as set forth in Attachment E to the Franchise Agreement; (iv) you are not in default of any provisions of the Franchise Agreement or any other agreement between Franchisee and Focus CFO; and (v) we reserve the right to have you sign a new Franchise Agreement which may have terms that are materially different and may require additional training and certification requirements. A renewal fee of $2,500 is required to be paid by you to renew your franchise. |
| renew or extend | ||
| d. Termination by you | Section 11.1 | If you decide to terminate the Franchise Agreement, you will give at least sixty (60) days' notice prior to such termination. |
| e. Termination by Focus | None | Focus CFO does not have the right to terminate without cause. |
| CFO without cause | ||
| f. Termination by Focus | Section 11.2, 11.3 | We may terminate the Franchise Agreement if you default. If we terminate the Franchise Agreement following a default, your interest in the franchise will terminate. |
| CFO with cause | ||
| g. "Cause" defined - | Section 11.3 | You breach any provision of the Franchise Agreement or any other agreement with Focus CFO or any Focus CFO affiliate and you fail to cure the breach within thirty (30) days. You fail to meet Focus CFO's Performance 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 the standards, which include: (i) you must comply with Focus CFO's policies as outlined in the Playbook; (ii) you must participate in, or attend, at least 75% of the total required training sessions held 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, failing to comply with Focus Cfo's policies as outlined in the Playbook can lead to termination of the Franchise Agreement. Specifically, it is considered a 'cause' for termination if a franchisee fails to meet Focus Cfo's Performance Standards, and this failure continues after receiving 30 days' notice from Focus Cfo. Accumulating three violations of any combination of performance standards also constitutes grounds for termination. One of these standards is compliance with Focus Cfo's policies as outlined in the Playbook.
This means that a Focus Cfo franchisee must adhere to the policies detailed in the Playbook to avoid being in breach of the Franchise Agreement. The Playbook likely contains operational guidelines, brand standards, and other requirements that Focus Cfo deems essential for maintaining consistency and quality across all franchise locations.
It is important for prospective franchisees to carefully review the Playbook and understand all the policies it contains before signing the Franchise Agreement. Failure to do so could result in the loss of the franchise. Franchisees should also ensure they have systems in place to monitor and enforce compliance with these policies within their organization.