When does a Focus Cfo franchisee begin paying the IT Services Fee?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
penses, if applicable. (FA § 7, Att. C) |
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Certified Exit Planning Advisor Training and Certification | $0-$5,000 | Any time | Franchisees are encouraged, but not required, to attend outside training to become a Certified Exit Planning Advisor (CEPA). This training is provided through the Exit Planning Institute (EPI). The training consists of a 5-day executive style program which is conducted virtually. After completion of the program the individual takes a certification exam in order to obtain the CEPA designation. The cost of this program is paid by the Franchisee. (FA § 7, Att. C) |
| IT Services Fee | Then-current fee, currently $30 per pay (Note 3) | Per pay once Franchisee has started to earn compensation | We require that you use a package of IT services selected by Focus CFO and provided by our approved IT vendor. Focus CFO will pay the IT Services Fee until you begin to earn compensation. Focus CFO may change the IT services and vendor from time to time. (FA § 9, Att. |
Source: Item 6 — Other Fees (FDD pages 11–13)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, a franchisee begins paying the IT Services Fee once they start earning compensation. Prior to earning compensation, Focus CFO covers this fee. The IT Services Fee covers an IT package provided by C-Forward, Focus CFO's approved vendor. This package includes an Office 365 license with access to Focus CFO e-mail, Microsoft Office software (Excel, Word, Outlook and PowerPoint), Microsoft Teams, and Microsoft OneDrive. It also includes security monitoring and IT support services, as detailed in Attachment G of the Franchise Agreement.
The current IT Services Fee is approximately $30 per pay. This fee is subject to change, as Focus CFO may modify the IT services and vendor periodically. The franchisee is responsible for paying the then-current fee per pay once they start earning compensation.
This arrangement is beneficial for new Focus CFO franchisees as it reduces their initial financial burden. However, franchisees should be prepared to incorporate this ongoing IT Services Fee into their budget once they begin generating revenue. It is important to stay informed about any potential changes to the IT services, vendor, or fee amount, as Focus CFO retains the right to make such changes.