May a Focus Cfo franchisee be required to incur costs to attend required training?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
- 9.6. Franchisee may be required to incur costs to attend required training as set forth in Section 7 and in the accompanying Attachment C.
In the event that Focus CFO fails to obtain a satisfactory assessment, Franchisee may be required to attend additional training sessions at Franchisee's expense.
After Franchisee has completed their initial training, as defined in Section 6.1 of the Agreement, to Focus CFO's satisfaction, Franchisee is expected to complete other required training and will also have access to other additional training resources that the Franchisee is strongly encouraged they take advantage of. If Franchisee is not satisfying the Area President Responsibilities and/or Performance Standards to Focus CFO's satisfaction, Franchisee may be required to perform additional training at Franchisee's own cost and expense.
Area Presidents are also responsible for their own travel, lodging, food and other out-of-pocket expenses, if applicable.
Franchisee will be responsible for any travel and lodging expenses, if applicable.
Franchisees will be responsible for their own travel and lodging expenses.
Should an Area President elect to continue to participate in reinforcement training and coaching beyond the required minimum eleven (11) months, the Area President is responsible for 100% of the monthly costs for the duration of their participation. The current negotiated cost of the reinforcement training and coaching with The Ruby Group is $550 per month.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, a franchisee may be required to incur costs to attend required training. Specifically, Item 23, Section 9.6 states that "Franchisee may be required to incur costs to attend required training as set forth in Section 7 and in the accompanying Attachment C." This indicates that the franchisee should refer to those sections for specifics. Also, if a Focus CFO franchisee does not meet the company's standards, they may be required to attend additional training sessions at their own expense.
Attachment C of the Focus Cfo agreement details the franchisee training requirements. It states that if a franchisee is not satisfying the Area President Responsibilities and/or Performance Standards to Focus CFO's satisfaction, the franchisee may be required to perform additional training at the franchisee's own cost and expense.
Focus Cfo requires new franchisees to attend the Focus CFO Mastery Program, participate in a Sandler Sales Training program, attend one Climb the Mountain® Workshop, and complete online cybersecurity training. While Focus CFO covers the cost of the Sandler Sales Training program up through the eleventh month of reinforcement training and coaching, the Area President is responsible for 100% of the monthly costs for the duration of their participation should they elect to continue past the 11 months at a current negotiated cost of $550 per month. Area Presidents are also responsible for their own travel, lodging, food and other out-of-pocket expenses, if applicable, for the Sandler Sales Training program and the Climb the Mountain® Workshop.
In addition, Focus Cfo franchisees are responsible for travel and lodging expenses, if applicable, for additional training sessions where the franchisee will interact with other Area President franchisees and CFO licensees in the form of Q&A sessions to reinforce the business development and client delivery processes covered in the initial training. Franchisees are also responsible for travel and lodging expenses, if applicable, for "All Hands Meetings" and "All AP Sessions".