What are the key components of the agreement that Focus Cfo requires Support Resources to sign?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee shall require each Support Resource to execute a confidentiality, non-solicitation and non-competition agreement whereby the Support Resource acknowledges being bound to the same covenants as the Equity Owner of the Franchise under the terms of this Agreement.
The Franchisee will provide a copy of this executed agreement to Focus CFO within ten (10) business days of Franchisee hiring the Support Resource.
Franchisee agrees that Focus CFO is not the employer for any Support Resource Franchisee hires.
Franchisee shall ensure that all Support Resources understand that they are employees of Franchisee and have no relationship, employment or otherwise, with Franchisor.
All management, personnel and training requirements are at Franchisee's discretion and are Franchisee's sole responsibility.
As set forth in Section 10 below, Franchisee shall be responsible for ensuring it has all appropriate insurance in place to cover the services performed by all Support Resources of Franchisee.
Focus CFO shall have the right to hold Franchisee solely liable and responsible for any breach of this Agreement caused by the failure by any Support Resource of Franchisee to follow the Focus CFO System.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, if a franchisee hires support resources, Focus Cfo requires that each support resource execute a confidentiality, non-solicitation, and non-competition agreement. This agreement ensures that the support resource is bound to the same covenants as the equity owner of the franchise under the terms of the franchise agreement.
Focus Cfo requires the franchisee to provide a copy of the executed agreement to Focus Cfo within ten business days of hiring the support resource. This requirement allows Focus Cfo to maintain control over its brand and protect its confidential information.
This agreement clarifies that Focus Cfo is not the employer of the support resource, and the franchisee is solely responsible for all management, personnel, and training requirements. Additionally, the franchisee must ensure they have appropriate insurance to cover the services performed by all support resources. Focus Cfo retains the right to hold the franchisee liable for any breach of the agreement caused by the support resource's failure to follow the Focus Cfo system.