On what date was Focus Cfo Group, LLC formed?
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.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to the 2025 FDD, Focus Cfo Group, LLC was formed on March 13, 2018, as a limited liability company under the laws of the State of Ohio. The company is primarily owned (99%) by Focus CFO Holdings, LLC, an Ohio LLC, with a minority ownership (1%) held by The CFO Company, LLC, which is also an Ohio LLC and a wholly-owned subsidiary of Focus CFO Holdings, LLC.
Focus Cfo also has a wholly-owned subsidiary named Focus CFO Group, LTD, which was used for compensating franchisees and licensees participating in the company's group medical insurance plan. However, Focus CFO Group, LTD ceased operations on December 31, 2024. Focus Cfo operates under its legal entity name and trade name, "FocusCFO," and does not use any other business names.
Focus Cfo began offering franchises to Area Presidents and CFOs on April 2, 2018. Simultaneously, the company started providing outsourced Chief Financial Officer Services primarily to small and medium-sized businesses on a fractional, or part-time basis. As of April 1, 2023, Focus Cfo began offering licensing agreements to CFOs, allowing them to use the FocusCFO Marks to provide CFO services to FocusCFO clients, alongside continuing to offer franchises to those joining as Area Presidents.