What constitutes the 'Focus CFO Consolidated Group'?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee agrees that during the entire term of this Agreement and any successor franchise terms, and continuing for a period of two years (2) following the expiration or early termination of this Agreement, for any reason, unless authorized in writing by Focus CFO, Franchisee shall not, either directly or indirectly, on Franchisee's own behalf or on behalf of or in conjunction with any person, firm, corporation, or other business or legal entity:
- 13.3.1. employ or engage as an employee, independent contractor, or otherwise, any member, employee, independent contractor, franchisee, licensee, officer, director or agent of Focus CFO, or any affiliate of Focus CFO (Focus CFO and its affiliates are collectively referred to herein as the "Focus CFO Consolidated Group");
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, the "Focus CFO Consolidated Group" is defined within the context of non-solicitation agreements. Specifically, the document states that Focus CFO and its affiliates are collectively referred to as the "Focus CFO Consolidated Group." This definition is important in the context of the non-solicitation clause, which restricts franchisees from employing or engaging any member, employee, independent contractor, franchisee, licensee, officer, director, or agent of Focus CFO or its affiliates.
This means that as a Focus Cfo franchisee, you are prohibited from actively recruiting or hiring anyone associated with Focus CFO or its affiliated entities during the term of your agreement and for two years after its expiration or termination. This restriction applies whether you are acting on your own behalf or in conjunction with another business or legal entity. The purpose of this clause is to protect Focus CFO's network and prevent franchisees from poaching talent or resources from within the organization.
For a prospective franchisee, this non-solicitation clause has significant implications. It limits your ability to hire individuals who are currently or were previously associated with Focus CFO, even if they approach you independently. Violating this clause could result in legal action or financial penalties. Therefore, it is crucial to understand the scope of this restriction and ensure compliance to avoid potential conflicts or liabilities.