factual

What Disclosure Document item covers Focus Cfo's requirements for compliance with standards and policies?

Focus_Cfo Franchise · 2025 FDD

Answer from 2025 FDD Document

ATTACHMENT E TO FRANCHISE AGREEMENT

FRANCHISEE PERFORMANCE STANDARDS AND FAILURE TO PERFORM GUIDELINES (EFFECTIVE AS OF APRIL 30, 2021)

Focus CFO has the right to modify the provisions of the Attachment upon 30 days prior written notice.

All Franchisees are expected to meet the performance standards outlined below. If you fail to meet any one of these standards and such failure continues after receiving thirty (30) days' notice from Focus CFO of such failure to meet the standard, or you accumulate three (3) violations of any individual or combination of these standards below, during the term of this Agreement, including repeated violations of the same standard, Focus CFO will have the right to terminate the Agreement by written notice to you without any further opportunity to cure.

    1. You must comply with Focus CFO's policies, as outlined the Playbook;
    1. You must participate in, or attend, at least 75% of the total required training sessions held by Focus CFO;
    1. You must consistently demonstrate, follow, and abide by, Focus CFO's Core Values as outlined on Focus CFO's website and in the Playbook (violations of which can be reported by another Franchisee or Corporate Associate);
    1. You must regularly collaborate with other Area Presidents and CFOs within your Home Territory or within any Secondary Territory granted to the Area President;
    1. You must demonstrate an ability to follow Focus CFO's core processes and procedures related to business development, new client acquisitions, ongoing client support and client retention;
    1. You must not be negligent in the performance of the duties as outlined in the Franchise Agreement or as a result of any Focus CFO client arrangement; and
    1. You must follow the policies or directives of Focus CFO, any Focus CFO affiliate or a Focus CFO client, as such policies or directives are established from time to time after written notice by us.

Source: Item 9 — Franchisee's Obligations (FDD page 16)

What This Means (2025 FDD)

According to Focus Cfo's 2025 Franchise Disclosure Document, Attachment E to the Franchise Agreement outlines the Franchisee Performance Standards and Failure to Perform Guidelines. This attachment, effective as of April 30, 2021, details the performance standards that all Focus Cfo franchisees are expected to meet. Focus CFO retains the right to modify the provisions of this attachment with 30 days prior written notice.

The document specifies that failure to meet these standards, after receiving a 30-day notice from Focus Cfo, or accumulating three violations of any combination of these standards, can result in termination of the Franchise Agreement. The standards include compliance with Focus Cfo's policies as outlined in the Playbook, participation in at least 75% of required training sessions, and consistent adherence to Focus Cfo's Core Values as detailed on the company's website and in the Playbook.

Additional standards include regular collaboration with other Area Presidents and CFOs, demonstrating the ability to follow core processes and procedures related to business development, new client acquisitions, ongoing client support, and client retention. Franchisees must also avoid negligence in performing duties as outlined in the Franchise Agreement or any Focus Cfo client arrangement, and follow the policies or directives of Focus Cfo, its affiliates, or a Focus Cfo client, as established with written notice.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.