What is the purpose of the Professional Services Agreement that clients sign with Focus CFO?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
The following requirements relating to engagement of Focus CFO clients are necessary to protect Focus CFO's System and the Focus CFO Marks.
- 7.5.1.
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.
- 7.5.2.
Acceptance of new clients is subject to approval by Focus CFO.
Focus CFO will not enter into contracts with businesses or organizations that engage in activities that are not in harmony with the ethical standards of Focus CFO, requesting service outside Focus CFO's identified scope of services or will injure the quality of the Focus CFO Marks.
- 7.5.3.
All client payments are made to Focus CFO.
Focus CFO will pay Franchisee as an independent contractor from the funds received from the clients in accordance with the Compensation Policy as set forth in Attachment B.
- 7.5.4.
Franchisee and CFO licensee are not authorized to provide services to a prospective client until Focus CFO has received a signed copy of the full PSA (all pages) from the client.
Any payments received from businesses where Focus CFO does not have a signed PSA on file, will be returned, with no payments being made to Franchisee on these amounts.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, the Professional Services Agreement (PSA) is a standardized contract used for all client engagements. These agreements are prepared through a centralized process by Focus CFO to ensure that the contractual language, pricing, and terms adhere to the company's standards. Franchisees are responsible for coordinating the preparation and execution of these PSAs with clients through this centralized process. While franchisees are authorized to execute the standard PSA on behalf of Focus CFO, they cannot deviate from the standard document without written consent from Focus CFO.
The use of a standard PSA is necessary to protect Focus CFO's system and marks. Acceptance of new clients is subject to approval by Focus CFO, ensuring that the company does not enter into contracts with businesses that engage in activities that conflict with Focus CFO's ethical standards, request services outside the company's scope, or could harm the Focus CFO marks. All client payments are made directly to Focus CFO, which then compensates the franchisee according to the Compensation Policy outlined in Attachment B.
Franchisees are not authorized to provide services to prospective clients until Focus CFO has a signed copy of the PSA on file. Any payments received from businesses without a signed PSA will be returned, and the franchisee will not be compensated for those amounts. This ensures that all client engagements are formalized and comply with Focus CFO's standards before any services are rendered. This also protects the confidential information of Focus CFO and its clients, as the franchisee agrees to hold all confidential information in strict confidence and use it only for the purposes outlined in the agreement.