What is the role of Area Presidents in executing PSA agreements for Focus Cfo?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
A Franchisee's ability to bind Focus CFO is limited to the following, all of which require the advance approval of Focus CFO:
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- Professional Services Agreements (PSA). In accordance with the guidelines set forth in Section 7.5 of the Franchise Agreement, Area Presidents are authorized to execute PSA agreements with Focus CFO clients on behalf of Focus CFO, after they have been prepared and approved by Focus CFO. Franchisees are not authorized to make any changes to PSA language or terms without the written authorization 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, Area Presidents have a specific role in executing Professional Services Agreements (PSAs). Area Presidents are authorized to execute PSA agreements with Focus CFO clients on behalf of Focus CFO, but only after the agreements have been prepared and approved by Focus CFO.
This means that while Area Presidents can sign these agreements, they do not have the authority to create or modify them independently. The agreements must adhere to Focus CFO's standards, ensuring consistency and quality control. This process protects both Focus CFO and the client, as it ensures that all agreements meet the company's requirements and legal standards.
Franchisees, including Area Presidents, are explicitly prohibited from making any changes to the PSA language or terms without written authorization from Focus CFO. This restriction is in place to maintain uniformity and prevent unauthorized commitments that could negatively impact Focus CFO or its clients. Therefore, Area Presidents act as facilitators in the finalization of PSA agreements, ensuring that pre-approved terms are formally accepted by clients.