What responsibility does a Focus Cfo franchisee have regarding insurance coverage for Support Resources?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
This business insurance coverage extends only to the Area President of the Franchisee's business entity.
It does not extend to other Support Resources of the Franchisee's business entity.
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 may provide Franchisee with, in writing, minimum insurance requirements for Support Resources of Franchisee that Franchisee must follow.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, a franchisee is responsible for securing appropriate insurance coverage for their Support Resources. Focus CFO provides business insurance coverage that includes general liability, crime, and employment practices, but this coverage extends only to the Area President of the franchisee's business entity and not to other Support Resources. Focus CFO may also provide written minimum insurance requirements for Support Resources that the franchisee must follow.
This means that as a Focus Cfo franchisee, you will need to obtain and maintain your own insurance policies to cover any employees or contractors you hire to assist with your business operations. These policies should cover the services performed by these Support Resources.
Prospective franchisees should carefully consider the costs associated with obtaining and maintaining adequate insurance coverage for Support Resources. It would be prudent to discuss specific insurance requirements and coverage options with Focus CFO and an insurance professional to ensure full compliance and adequate protection.