Who is responsible for the 'other information' included in the Focus Cfo Franchise Disclosure Document?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
Other Information Included in the Company's Franchise Disclosure Document
Management is responsible for the other information included in the Company's Franchise Disclosure Document. The other information comprises Franchise Disclosure Document, but it does not include the consolidated financial st
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, management is responsible for the 'other information' included in the document. This 'other information' comprises the Franchise Disclosure Document, excluding the consolidated financial statements.
This means that while the financial statements are audited by an independent accounting firm, the remaining content of the FDD is prepared and presented by Focus Cfo's management team. Prospective franchisees should understand that the franchisor is attesting to the accuracy and completeness of the non-audited information presented in the FDD.
It is standard practice in franchising for the franchisor's management to be responsible for the majority of the FDD content, with audited financial statements being the primary exception. Franchisees should carefully review all sections of the FDD, including those prepared by management, and seek professional advice to assess the risks and opportunities associated with investing in a Focus Cfo franchise.