On what date did Focus Cfo begin offering franchises to Area Presidents and CFOs?
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 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.
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 to Area Presidents and CFOs on April 2, 2018. The company was initially formed as a limited liability company in Ohio on March 13, 2018, under the name Focus CFO Group, LLC.
In addition to offering franchises, Focus Cfo also started providing outsourced Chief Financial Officer Services (CFO Services) to small and medium-sized businesses on a fractional or part-time basis, also beginning on April 2, 2018. This dual approach allowed Focus Cfo to expand its reach and provide comprehensive financial solutions to its clients.
Furthermore, beginning April 1, 2023, Focus Cfo started offering licensing agreements to CFOs, which allowed them to use Focus Cfo's trademarks to provide CFO services to Focus Cfo clients. This evolution in their business model allowed for a broader network of financial professionals to engage with the Focus Cfo system, while franchises continued to be offered to those joining as Area Presidents.