Where can I find the definition of 'Focus CFO Consolidated Group' within the Focus Cfo Franchise Agreement?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee agrees that during the entire term of this Agreement and any successor franchise terms, and continuing for a period of two years (2) following the expiration or early termination of this Agreement, for any reason, unless authorized in writing by Focus CFO, Franchisee shall not, either directly or indirectly, on Franchisee's own behalf or on behalf of or in conjunction with any person, firm, corporation, or other business or legal entity:
- 13.3.1. employ or engage as an employee, independent contractor, or otherwise, any member, employee, independent contractor, franchisee, licensee, officer, director or agent of Focus CFO, or any affiliate of Focus CFO (Focus CFO and its affiliates are collectively referred to herein as the "Focus CFO Consolidated Group");
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, the definition of "Focus CFO Consolidated Group" can be found in section 13.3.1 of the franchise agreement. This section pertains to non-solicitation during the term of the agreement and for a period of two years following its expiration or termination.
Specifically, the "Focus CFO Consolidated Group" refers to Focus CFO and its affiliates collectively. This definition is relevant in the context of the non-solicitation clause, which prevents a franchisee from employing or engaging any member, employee, independent contractor, franchisee, licensee, officer, director, or agent of Focus CFO or its affiliates during the term of the agreement and for two years after its termination.
This clause is designed to protect Focus CFO's interests by preventing franchisees from poaching employees, contractors, or other personnel associated with the company or its affiliates. It ensures that franchisees do not leverage their position within the Focus CFO network to unfairly gain access to and potentially hire individuals who contribute to the company's operations and success. Prospective franchisees should carefully consider the implications of this non-solicitation clause, as it restricts their ability to hire from within the Focus CFO network both during and after the franchise agreement.