What is the Focus Cfo franchisee responsible for regarding the preparation and execution of client PSAs?

According to the 2025 Focus Cfo Franchise Disclosure Document, the franchisee plays a crucial role in the client engagement process, specifically concerning Professional Service Agreements (PSAs). While Focus Cfo maintains control over the contractual terms and enters into all client contracts, the franchisee is responsible for coordinating the preparation and successful execution of these PSAs through a centralized preparation process. This means the franchisee acts as the point person, ensuring that the necessary steps are taken to finalize the agreement between Focus Cfo and the client. The franchisee is authorized to execute Focus CFO's standard PSA on behalf of Focus CFO, but only after it has been prepared and approved through the centralized process.

This centralized approach ensures that all contractual language, pricing, and terms adhere to Focus Cfo's standards, protecting the integrity of the Focus Cfo system and marks. It also means that franchisees cannot deviate from the standard PSA terms without written consent from Focus Cfo, reinforcing the importance of adhering to established protocols. Furthermore, Focus Cfo retains the right to modify the provisions related to PSAs, providing franchisees with 30 days' prior written notice of any changes.

In practical terms, a Focus Cfo franchisee must be diligent in managing the PSA process, communicating effectively with both clients and Focus Cfo to ensure timely and accurate execution. While franchisees can execute the PSA, they cannot make changes to the PSA language or terms without written authorization from Focus CFO. This highlights the importance of clear communication and adherence to the established system. The acceptance of new clients is also subject to approval by Focus Cfo, ensuring that the clients align with the company's ethical standards and scope of services. This coordinated approach aims to maintain consistency and quality across all client engagements, safeguarding the Focus Cfo brand and reputation.