factual

Is the Illinois Addendum part of the Focus Cfo Franchise Agreement?

Focus_Cfo Franchise · 2025 FDD

Answer from 2025 FDD Document

des any provisions of the Franchise Agreement or a related contract which is inconsistent with the Law.

THE WISCONSIN NOTICE APPLIES ONLY TO FRANCHISEES WHO ARE RESIDENTS OF WISCONSIN OR LOCATE THEIR FRANCHISES IN WISCONSIN.

THE FOLLOWING PAGES ARE STATE-SPECIFIC ADDENDUMS TO THE FRANCHISE AGREEMENT

ILLINOIS ADDENDUM TO FOCUS CFO GROUP, LLC FRANCHISE AGREEMENT

CFO," This Addendum is made and entered by and between Focus CFO Group, LLC, ("Focus "Franchisor," ("Franchisee," "you" or "your"). "Company", "us", "we" or "our"), and
1. Focus CFO and Franchisee are parties to that certain Franchise Agreement dated
, 20 (the "Franchise Agreement") that has been signed concurrently
with the signing of this Addendum. This Addendum is attached to and forms a part of the Franchise
Agreement. This Addendum has been signed because (a) Franchisee is domiciled in Illinois; (b)
the offer of the franchise is made or accepted in Illinois; (c) the franchise business is or will be
located in Illinois; or (d) the franchised business is or will be located in Illinois.
2. Illinois law governs the Franchise Agreement.
3. In conformance with Section 4 of the Illinois Franchise Disclosure Act, any
provision in a franchise agreement that designates jurisdiction and venue in a forum outside of the
State of Illinois is void. However, a franchise agreement may provide for arbitration to take place
outside of Illinois.
4. Your rights upon Termination and Non-Renewal are set forth in sections 19 and 20
of the Illinois Franchise Disclosure Act.
5. In conformance with section 41 of the Illinois Franchise Disclosure Act, any
condition, stipulation or provision purporting to bind any person acquiring any franchise to waive
compliance with the Illinois Franchise Disclosure Act or any other law of Illinois is void.
IN WITNESS WHEREOF, each of the undersigned hereby acknowledge having read this
Addendum and understands and consents to be bound by all of its terms.

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

What This Means (2025 FDD)

According to the 2025 Focus Cfo Franchise Disclosure Document, the Illinois Addendum is indeed a part of the Franchise Agreement. The FDD includes specific language confirming this. This is particularly relevant for franchisees who are domiciled in Illinois, if the franchise offer was made or accepted in Illinois, or if the franchise business is or will be located in Illinois.

The Illinois Addendum modifies certain aspects of the standard Franchise Agreement to comply with Illinois law. For example, it states that Illinois law governs the Franchise Agreement and addresses issues such as jurisdiction and venue, ensuring that certain provisions align with the Illinois Franchise Disclosure Act. Specifically, any provision designating jurisdiction and venue outside of Illinois is void, although arbitration outside of Illinois is permitted.

Furthermore, the addendum protects the franchisee by stating that any condition that waives compliance with the Illinois Franchise Disclosure Act or any other Illinois law is void. This ensures that franchisees operating in Illinois retain their rights and protections under state law, regardless of what the standard Franchise Agreement might otherwise stipulate. The addendum also requires both Focus Cfo and the franchisee to acknowledge that they have read, understand, and consent to be bound by the terms of the addendum, signifying its importance and legal effect.

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.
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