What is the Focus Cfo franchisee's responsibility regarding acceptance of new clients?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
- 7.5.2.
Acceptance of new clients is subject to approval by Focus CFO.
Focus CFO will not enter into contracts with businesses or organizations that engage in activities that are not in harmony with the ethical standards of Focus CFO, requesting service outside Focus CFO's identified scope of services or will injure the quality of the Focus CFO Marks.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, franchisees must obtain approval from Focus CFO before accepting new clients. Focus CFO retains the right to reject potential clients whose activities do not align with the company's ethical standards, fall outside the defined scope of services, or could potentially harm the Focus CFO Marks. This approval process is in place to protect the integrity of the Focus CFO system and brand.
Focus CFO requires that all client contracts for CFO Services be entered into by Focus CFO, not the franchisee. The standard Professional Service Agreements (PSAs) are prepared through a centralized process to ensure consistency in contractual language, pricing, and terms. Franchisees are responsible for coordinating the preparation and execution of these PSAs through this centralized process and are authorized to execute the standard PSA on behalf of Focus CFO, as long as it has been prepared and approved by Focus CFO. Contract terms cannot be altered without Focus CFO's written consent.
Focus CFO will not authorize services to a prospective client until a signed copy of the full PSA is received from the client. Payments received from businesses without a signed PSA on file will be returned, and the franchisee will not receive any compensation for those amounts. This ensures that all client engagements are formally documented and approved by Focus CFO before services are rendered.