On what date did Focus Cfo begin offering Focus Cfo franchises?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
Focus CFO Group, LLC ("FocusCFO" or "the Company") was formed as a limited liability company under the laws of the State of Ohio on March 13, 2018. The Company is owned 99% by Focus CFO Holdings, LLC ("the Majority Owner"), an Ohio LLC, and 1% by The CFO Company, LLC ("the Minority Owner"), also an Ohio LLC and a wholly-owned subsidiary of Focus CFO Holdings, LLC. The Company also has a 100% owned subsidiary, Focus CFO Group, LTD ("LTD"). LTD is the company where franchisees and licensees of FocusCFO who elect to participate in the Company's group medical insurance plan are compensated. LTD ceased operations effective December 31, 2024. The Company does business under the legal entity name and the trade name "FocusCFO". The Company does not do business under any other names.
The Company was formed for the purpose of offering FocusCFO franchises to Area Presidents and CFOs, which it began offering as of April 2, 2018. Effective April 2, 2018, the Company also began providing outsourced Chief Financial Officer Services ("CFO Services") primarily to small and medium size businesses on a fractional, or part-time basis. Effective April 1, 2023, the Company determined due to the evolution of its model that it could begin offering licensing agreements to CFOs allowing licensees to use the FocusCFO Marks to provide CFO services to FocusCFO clients. Franchises are still offered to those joining as Area Presidents.
Clients who are brought into the FocusCFO System enter into contracts with FocusCFO, the franchisor. This helps allow FocusCFO to ensure that its clients' business practices and reputation are consistent with FocusCFO's quality standards and the reputation of the FocusCFO Marks. Franchisees join FocusCFO as an independent contractor and operate as Area Presidents, working to generate new clients within the Company's coordinated client development system. Licensees join FocusCFO as independent contractors and operate as CFOs, with the opportunity to provide CFO Services directly to FocusCFO clients.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, Focus Cfo began offering franchises on April 2, 2018. The company was formed as a limited liability company in Ohio on March 13, 2018. In addition to offering franchises, Focus Cfo also provides outsourced Chief Financial Officer Services to small and medium-sized businesses.
Focus Cfo also offers licensing agreements to CFOs, which began on April 1, 2023. These agreements allow licensees to use Focus Cfo's marks to provide CFO services to Focus Cfo clients. However, franchises are still offered to those joining as Area Presidents.
Clients who are brought into the Focus Cfo System enter into contracts with Focus Cfo, the franchisor. This arrangement helps Focus Cfo ensure that its clients' business practices and reputation align with Focus Cfo's quality standards and the reputation of its marks. Franchisees join Focus Cfo as independent contractors and operate as Area Presidents, working to generate new clients within the company's coordinated client development system. Licensees also join Focus Cfo as independent contractors and operate as CFOs, with the opportunity to provide CFO Services directly to Focus Cfo clients.