What is the length of the cure period for deficiencies other than non-payment for Focus Cfo franchisees in Wisconsin?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
- 11.3.1.
Except as provided in Section 11.2, Franchisee will have thirty (30) days from receipt of notice of default from Focus CFO to cure any breach of this Agreement or any other agreement with Focus CFO or any Focus CFO affiliate.
If Franchisee fails to cure the breach within the thirty (30) day period, Focus CFO will have the right to terminate this Agreement by written notice to Franchisee without any further opportunity to cure.
- 11.3.2.
Franchisee is expected to meet certain Performance Standards as outlined in Attachment E.
Focus CFO will provide written notice to Franchisee of any failure to meet these Performance Standards.
If Franchisee fails to cure the default of the Performance Standards within thirty (30) days and such failure continues beyond the cure period, or Franchisee accumulates three (3) violations of any individual or combination of Performance Standards outlined in Attachment E, Focus CFO will have the right to terminate this Agreement by written notice to Franchisee without any further opportunity to cure.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, a franchisee in Wisconsin, like all franchisees, has a 30-day cure period to address breaches of the Franchise Agreement or any other agreement with Focus Cfo or its affiliates, with the exception of the immediate termination conditions outlined in Section 11.2. This cure period begins from the date the franchisee receives notice of default from Focus Cfo. If the franchisee fails to resolve the breach within this 30-day window, Focus Cfo reserves the right to terminate the agreement without offering any further opportunities to rectify the situation.
In addition to general breaches, Focus Cfo franchisees are expected to meet specific Performance Standards detailed in Attachment E of the Franchise Agreement. If a franchisee fails to meet these standards, Focus Cfo will provide written notice, and the franchisee will again have thirty (30) days to correct the deficiency. However, if the failure to meet Performance Standards continues beyond this cure period, or if the franchisee accumulates three violations of any combination of Performance Standards, Focus Cfo can terminate the agreement without further opportunity to cure.
These stipulations highlight the importance of maintaining compliance with both the general terms of the Franchise Agreement and the specific Performance Standards set by Focus Cfo. Prospective franchisees should carefully review Attachment E to understand these standards and assess their ability to consistently meet them. The relatively short cure period underscores the need for proactive management and responsiveness to any notices of default from Focus Cfo to avoid potential termination of the franchise agreement.