factual

Does the Focus Cfo Franchisee Disclosure Questionnaire ask if the Disclosure Document was received?

Focus_Cfo Franchise · 2025 FDD

Answer from 2025 FDD Document

  1. Have you received the Focus CFO Group, LLC Franchise Agreement and each exhibit, addendum and schedule attached to it? Yes No 2. Have you received our Disclosure Document we provided to you? Yes No 3. Do you understand that in all dealings with you, our officers, directors, employees and agents act only in a representative capacity and not in an individual capacity and these dealings are solely between you and us? Yes No truthfully to the above questions. You understand that your answers are important to us and that we will rely on them. By signing this Franchisee Disclosure Questionnaire, you are representing that you have responded Name of Franchisee/Applicant Date: , 20 Signature Name and Title of Person Signing

Source: Item 23 — Receipts (FDD pages 37–126)

What This Means (2025 FDD)

According to the 2025 Focus Cfo Franchise Disclosure Document, the Franchisee Disclosure Questionnaire does include a question regarding the receipt of the Disclosure Document. Specifically, the questionnaire asks: "Have you received our Disclosure Document we provided to you?" and provides a "Yes No" selection for the applicant to answer. This confirms that Focus Cfo seeks acknowledgement from potential franchisees that they have indeed received the necessary disclosure documents.

This question is important because it helps Focus Cfo ensure that prospective franchisees have been given the opportunity to review the FDD and understand the terms of the franchise agreement before entering into a binding agreement. Franchise disclosure laws typically require franchisors to provide the FDD to potential franchisees at least 14 days before signing any agreement or paying any fees. By including this question in the Franchisee Disclosure Questionnaire, Focus Cfo is taking steps to verify compliance with these regulations.

Furthermore, the questionnaire includes a statement that the applicant's answers are important and that Focus Cfo will rely on them. By signing the questionnaire, the applicant represents that they have responded truthfully to the questions. This creates a legal record of the franchisee's acknowledgement of receiving the FDD, which could be important in the event of any future disputes or claims. This is a standard practice in franchising to ensure transparency and legal compliance.

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.