Is a Focus Cfo franchisee authorized to execute Focus CFO's standard PSA?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
The following requirements relating to engagement of Focus CFO clients are necessary to protect Focus CFO's System and the Focus CFO Marks.
- 7.5.1.
All contracts with clients for CFO Services must be entered into by Focus CFO and not by Franchisee.
Focus CFO's standard Professional Service Agreement
- ("PSA") is used on all client engagements.
The PSAs are prepared through a centralized preparation process to ensure contractual language, pricing and terms adhere to Focus CFO's standards.
Contract terms cannot deviate from standard document without the written consent of Focus CFO.
Franchisee is responsible for coordinating the preparation and successful execution of client PSAs through the centralized preparation process.
Franchisee is authorized to execute Focus CFO's standard PSA, as prepared and approved by Focus CFO through the centralized preparation process, on behalf of Focus CFO.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, a franchisee is authorized to execute Focus CFO's standard Professional Service Agreement (PSA) on behalf of Focus CFO. However, this authorization is conditional. The PSA must be prepared and approved by Focus CFO through its centralized preparation process. This means the franchisee cannot independently create or modify the PSA.
The FDD emphasizes that all client contracts for CFO services must be entered into by Focus CFO, not the franchisee. The use of Focus CFO's standard PSA is mandatory for all client engagements, ensuring consistency and adherence to Focus CFO's standards. The PSA preparation is centralized to maintain uniform contractual language, pricing, and terms. Franchisees are responsible for coordinating the preparation and execution of these PSAs through the designated process.
Furthermore, franchisees are explicitly prohibited from deviating from the standard PSA terms without written consent from Focus CFO. This restriction is in place to protect Focus CFO's system and brand. The acceptance of new clients is also subject to Focus CFO's approval, ensuring that the clients align with the company's ethical standards and scope of services. This process ensures that Focus CFO maintains control over client engagements and service agreements, safeguarding the brand's reputation and operational standards.