Which section of the Focus Cfo Franchise Agreement covers the franchisee's obligation for ongoing product/service purchases?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
ance coverage, tax, or contributions, or requirements pertaining to withholdings, levied of fixed, by any city, state, or federal governmental agency.
9. EXPENSES AND BENEFITS
9.1. Franchisee will incur its own expenses related to a business computer and software, printer, mobile phone, internet access, meals and entertainment, travel, automobile and mileage. Franchisee will pay its own mailings and correspondence.
9.2. Franchisee is required to have a business computer. Focus CFO does not require a specific brand or model of business computer, other hardware or Internet provider. However, Focus CFO requires the business computer meet minimum specifications as determined by Focus CFO's IT provider. High-speed internet access for Franchisee's home office is strongly recommended.
9.3. Franchisee is required to pay a recurring IT Services fee as outlined in Attachment G.
9.4. Franchisee shall provide its own transportation to and from networking and prospect/client meetings.
9.5. Focus CFO will provide Franchisee with five (5) Focus CFO branded shirts, or upon request, the applicable number of Focus CFO logo pins which can be attached to clothing. These should be worn to all group marketing events and to meetings with
potential or new clients. Franchisee can purchase additional Focus CFO branded items from one of Focus CFO's authorized vendors at costs ranging from $30 to $1
Source: Item 9 — Franchisee's Obligations (FDD page 16)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, Section 9.3 of the Franchise Agreement outlines the franchisee's obligation to pay a recurring IT Services fee, as further detailed in Attachment G. This means that as a Focus Cfo franchisee, you are required to budget for and consistently pay this IT service fee to maintain your franchise operations.
In addition to the IT services fee, Section 9.5 states that while Focus CFO provides an initial set of branded shirts or logo pins, franchisees can purchase additional branded items from authorized vendors, with costs ranging from $30 to $150 per item. While not strictly required, purchasing these additional branded items may be necessary for marketing events or client meetings to maintain a consistent brand image.
Furthermore, Section 9.6 indicates that franchisees may incur costs to attend required training sessions, as detailed in Section 7 and Attachment C of the Franchise Agreement. These costs are not fixed product/service purchases but are potential expenses related to ongoing training and development within the Focus Cfo system. Therefore, franchisees should consider these potential training costs as part of their ongoing financial obligations.