Does the Focus Cfo franchise agreement allow for oral modifications?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
No other representations (other than those within Focus CFO's Franchise Disclosure Document), inducements, promises or agreements, oral or otherwise, between the parties not embodied herein, which are of any force or effect with respect to the matters set forth in or contemplated by this Agreement or otherwise.
No amendment, change or variance from this Agreement shall be binding on either party unless executed in writing by both parties; provided however Focus CFO may, from time to time and at its sole discretion, modify, revise, amend or change the Attachments attached hereto upon written notice to Franchisee.
Nothing in this Agreement, however, is intended to disclaim the representations Focus CFO has made in the Franchise Disclosure Document that we furnished to Franchisee.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, oral modifications to the franchise agreement are not permitted. The franchise agreement explicitly states that no representations, inducements, promises, or agreements, whether oral or otherwise, that are not included in the written agreement have any force or effect.
Furthermore, any changes or amendments to the Focus Cfo franchise agreement must be in writing and executed by both parties to be considered binding. This requirement ensures that all modifications are documented and agreed upon by both Focus Cfo and the franchisee, preventing misunderstandings or disputes that could arise from verbal agreements.
This clause is a standard provision in franchise agreements to provide clarity and legal certainty. However, Focus CFO retains the right to modify, revise, amend, or change the attachments to the agreement by providing written notice to the franchisee. This flexibility allows Focus Cfo to adapt the franchise system to changing market conditions or operational needs, while still maintaining the core agreement in a consistent, written form.