What is the dependency for Focus Cfo franchisees and licensees to be paid?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
- 7.5.3.
All client payments are made to Focus CFO.
Focus CFO will pay Franchisee as an independent contractor from the funds received from the clients in accordance with the Compensation Policy as set forth in Attachment B.
- 7.5.4.
Franchisee and CFO licensee are not authorized to provide services to a prospective client until Focus CFO has received a signed copy of the full PSA (all pages) from the client.
Any payments received from businesses where Focus CFO does not have a signed PSA on file, will be returned, with no payments being made to Franchisee on these amounts.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, Focus CFO franchisees are paid as independent contractors from funds received from clients. All client payments are made directly to Focus CFO. Franchisees and CFO licensees are not authorized to provide services to prospective clients until Focus CFO has a signed copy of the Professional Services Agreement (PSA) from the client. If Focus CFO receives payments from businesses without a signed PSA on file, these payments will be returned, and no payments will be made to the franchisee on those amounts.
This arrangement means that a Focus CFO franchisee's compensation is directly tied to Focus CFO's ability to secure signed service agreements with clients. The franchisee must ensure that all necessary paperwork is completed and submitted to Focus CFO before providing any services. This protects Focus CFO's system and brand, but also places the onus on the franchisee to follow the established procedures meticulously.
This dependency on signed PSAs before service delivery and payment is a critical aspect of the Focus CFO franchise model. A prospective franchisee should understand the importance of adhering to this requirement to avoid non-payment for services rendered. This also highlights the importance of Focus CFO's centralized preparation process for PSAs, as any delays or errors in this process could directly impact the franchisee's income.