What is the name of the 100% owned subsidiary of Focus Cfo Group, LLC?
Focus_Cfo Franchise · 2025 FDDAnswer 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 FDD, Focus Cfo Group, LLC has a 100% owned subsidiary named Focus CFO Group, LTD ("LTD"). This subsidiary was used to compensate franchisees and licensees who participated in the company's group medical insurance plan. However, LTD ceased operations on December 31, 2024.
This information is relevant to potential Focus Cfo franchisees as it clarifies the corporate structure and the role of subsidiaries within the Focus Cfo organization. The fact that Focus CFO Group, LTD ceased operations may indicate a change in how Focus Cfo handles benefits or compensation for its franchisees and licensees.
Prospective franchisees should inquire about the reasons for the cessation of LTD's operations and how the company now manages benefits or compensation that were previously handled by the subsidiary. Understanding these changes will help franchisees assess the current operational structure and any potential impacts on their own compensation or benefits.