What items are excluded from compensation if Focus Cfo refuses to renew a franchise in Michigan?

Based on the 2025 Focus Cfo Franchise Disclosure Document, if a franchisee elects not to renew their agreement, the franchise fee will not be refunded. This policy applies universally and is not specific to Michigan. The franchise agreement lasts for an initial term of ten years, but a franchisee can renew if they meet certain conditions. These conditions include executing general releases, satisfying performance standards, not being in default of any agreements with Focus Cfo, executing Focus Cfo's then-current franchise agreement, paying a renewal fee of $2,500, and satisfying any additional training and certification requirements.

Focus Cfo offers no refunds of the franchise fee if the franchisee chooses not to renew the agreement. The initial franchise fee covers the authorization to join the Focus Cfo system, initial training, ongoing support, and the right to use the Focus Cfo marks. This fee is a lump sum payment of $17,000 to obtain the franchise and an $18,000 one-time initial training fee, totaling $35,000.

This policy is fairly standard in the franchise industry, as initial franchise fees are generally non-refundable once the franchisor has provided the initial services and support. Prospective franchisees should carefully consider these terms and conditions before entering into an agreement with Focus Cfo. Understanding the conditions for renewal and the implications of not renewing is crucial for making an informed investment decision.