What covenants are Focus Cfo Support Resources bound to in their agreement?

According to the 2025 Focus Cfo Franchise Disclosure Document, Focus Cfo franchisees are required to have each Support Resource they hire execute a confidentiality, non-solicitation, and non-competition agreement. This agreement ensures that Support Resources acknowledge they are bound to the same covenants as the Equity Owner of the franchise, as outlined in the Franchise Agreement. The franchisee must provide a copy of this executed agreement to Focus Cfo within ten business days of hiring the Support Resource.

This requirement means that Focus Cfo aims to protect its confidential information, client relationships, and competitive position through these agreements. By ensuring Support Resources are bound by the same restrictions as the Equity Owner, Focus Cfo seeks to prevent the unauthorized disclosure of sensitive information, solicitation of clients or employees, and competition with the Focus Cfo business.

For a prospective Focus Cfo franchisee, this implies that they must implement and enforce these agreements with their Support Resources. This includes preparing the necessary documentation, ensuring it is properly executed, and providing copies to Focus Cfo in a timely manner. Failure to comply with these requirements could result in the franchisee being held liable for any breaches of the Franchise Agreement caused by their Support Resources.