factual

When did Focus Cfo Group, LTD cease operations?

Focus_Cfo Franchise · 2025 FDD

Answer from 2025 FDD Document

Focus CFO Group, LLC ("FocusCFO" or "the Company") was formed as a limited liability company under the laws of the State of Ohio on March 13, 2018. The Company is owned 99% by Focus CFO Holdings, LLC ("the Majority Owner"), an Ohio LLC, and 1% by The CFO Company, LLC ("the Minority Owner"), also an Ohio LLC and a wholly-owned subsidiary of Focus CFO Holdings, LLC. The Company also has a 100% owned subsidiary, Focus CFO Group, LTD ("LTD"). LTD is the company where franchisees and licensees of FocusCFO who elect to participate in the Company's group medical insurance plan are compensated. LTD ceased operations effective December 31, 2024. The Company does business under the legal entity name and the trade name "FocusCFO". The Company does not do business under any other names.

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

What This Means (2025 FDD)

According to the 2025 Focus Cfo Franchise Disclosure Document, Focus Cfo Group, LTD ceased operations on December 31, 2024. Focus Cfo Group, LTD is a subsidiary of Focus CFO Group, LLC.

Focus Cfo Group, LTD was the entity through which franchisees and licensees who participated in the company's group medical insurance plan were compensated. The document indicates that Focus Cfo Group, LLC owns 100% of Focus Cfo Group, LTD.

The cessation of Focus Cfo Group, LTD's operations may impact how Focus Cfo handles franchisee and licensee compensation related to the group medical insurance plan. A prospective franchisee should inquire about any changes to the medical insurance plan and compensation structure resulting from this closure.

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.