What is the deadline for providing Focus Cfo with a copy of the executed Support Resource agreement?

According to the 2025 Focus Cfo Franchise Disclosure Document, a franchisee must provide Focus Cfo with a copy of the executed confidentiality, non-solicitation, and non-competition agreement signed by each Support Resource within ten business days of hiring that Support Resource. This agreement ensures that the Support Resource is bound by the same covenants as the Equity Owner of the franchise, as outlined in the Franchise Agreement.

This requirement is in place to protect the Focus Cfo brand and system. By ensuring that all Support Resources are bound by confidentiality, non-solicitation, and non-competition agreements, Focus Cfo aims to maintain the integrity of its operations and client relationships. The quick turnaround time for submitting the agreement, within ten business days, highlights the importance Focus Cfo places on this requirement.

For a prospective franchisee, this means that upon hiring any Support Resource, they must ensure that the necessary agreement is executed promptly and a copy is provided to Focus Cfo within the specified timeframe. Failure to comply with this requirement could potentially lead to breaches of the Franchise Agreement, for which Focus Cfo has the right to hold the franchisee solely liable and responsible. Therefore, franchisees need to have systems in place to manage these agreements efficiently and ensure timely submission to Focus Cfo.