What is the process for preparing Focus Cfo's Professional Service Agreements (PSAs)?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
All contracts with clients for CFO Services must be entered into by Focus CFO and not by Franchisee.
Focus CFO's standard Professional Service Agreement
- ("PSA") is used on all client engagements.
The PSAs are prepared through a centralized preparation process to ensure contractual language, pricing and terms adhere to Focus CFO's standards.
Contract terms cannot deviate from standard document without the written consent of Focus CFO.
Franchisee is responsible for coordinating the preparation and successful execution of client PSAs through the centralized preparation process.
Franchisee is authorized to execute Focus CFO's standard PSA, as prepared and approved by Focus CFO through the centralized preparation process, on behalf of Focus CFO.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, all client contracts for CFO Services must be between the client and Focus CFO, not the franchisee. Focus CFO uses a standard Professional Service Agreement (PSA) for all client engagements. The PSAs are prepared through a centralized process to ensure that the contractual language, pricing, and terms adhere to Focus CFO's standards. Franchisees are responsible for coordinating the preparation and successful execution of client PSAs through this centralized process.
The Focus Cfo franchisee is authorized to execute Focus CFO's standard PSA on behalf of Focus CFO, but only after it has been prepared and approved through the centralized preparation process. Contract terms cannot be altered from the standard document without Focus CFO's written consent. This protects Focus CFO's system and brand standards.
This centralized approach ensures consistency and quality control in client agreements. It also means that franchisees must adhere to Focus CFO's established procedures and obtain approval for any deviations from the standard PSA. This may add an extra layer of administrative work for the franchisee, but it also provides assurance that the agreements meet Focus CFO's standards and protect the brand.