What is the Focus Cfo franchisee's responsibility regarding the scope of services?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
The following requirements relating to engagement of Focus CFO clients are necessary to protect Focus CFO's System and the Focus CFO Marks.
- 7.5.1.
All contracts with clients for CFO Services must be entered into by Focus CFO and not by Franchisee.
Focus CFO's standard Professional Service Agreement
- ("PSA") is used on all client engagements.
The PSAs are prepared through a centralized preparation process to ensure contractual language, pricing and terms adhere to Focus CFO's standards.
Contract terms cannot deviate from standard document without the written consent of Focus CFO.
Franchisee is responsible for coordinating the preparation and successful execution of client PSAs through the centralized preparation process.
Franchisee is authorized to execute Focus CFO's standard PSA, as prepared and approved by Focus CFO through the centralized preparation process, on behalf of Focus CFO.
- 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 the 2025 Focus Cfo Franchise Disclosure Document, Focus CFO franchisees must adhere to specific guidelines regarding the scope of services they offer. Focus CFO will not enter into contracts with businesses requesting services outside its identified scope. This is to maintain ethical standards, protect the Focus CFO marks, and ensure service quality. The franchisee is responsible for coordinating the preparation and execution of client Professional Service Agreements (PSAs) through a centralized process, ensuring that all contracts adhere to Focus CFO's standards. Contract terms cannot deviate from the standard document without written consent from Focus CFO. Acceptance of new clients is also subject to approval by Focus CFO.
In practice, this means a Focus Cfo franchisee must operate within the boundaries of the services defined by Focus CFO. They cannot independently decide to offer new types of services or engage with clients whose needs fall outside the approved scope. This limitation helps maintain consistency and quality across the Focus Cfo franchise system. The franchisee's role involves client acquisition and coordinating the necessary paperwork, but the actual service agreements and their terms are controlled by Focus CFO.
This approach reduces the franchisee's flexibility but also protects them from potential liability and ensures they are offering services that align with the Focus Cfo brand. A prospective franchisee should clarify the exact scope of services covered under the franchise agreement and understand the process for requesting approval for non-standard client engagements. Understanding these limitations is crucial for assessing whether the Focus Cfo franchise model aligns with their business goals and expertise.