Which sections of the Focus Cfo Franchise Agreement outline the franchisee's fee obligations?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
e provides at its own expense. Office supplies and equipment necessary to operate the Franchise is discussed in Section 9 of this Agreement.
4. FRANCHISE FEE AND ONGOING FEES
- 4.1. Upon execution of this Agreement, Franchisee shall pay Focus CFO a lump sum initial franchise fee (the "Franchise Fee"). The Franchise Fee consists of (i) a payment of Seventeen Thousand Dollars ($17,000) to obtain this Franchise; and (ii) a one-time initial training fee of Eighteen Thousand Dollars ($18,000). This Franchise Fee is payment for authorizing Franchisee to join the Focus CFO System and receive initial training through Playbook and other required training as set forth in Attachment C of this Agreement. In exchange for the Franchise Fee, Franchisee will receive ongoing direction and support from Focus CFO as set forth in this Agreement and be permitted to utilize the Focus CFO System and the Focus CFO Marks.
- 4.2. The Franchise Fee will not be financed by Focus CFO and cannot be paid in installments, deferred or deducted from future compensation payments. Franchisee will not be permitted to engage with Focus CFO, use the Focus CFO Marks or provide services to Focus CFO clients until the full Franchise Fee is received by Focus CFO.
- 4.3. This Agreement is hereby void if payment of
Source: Item 9 — Franchisee's Obligations (FDD page 16)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, the franchisee's fee obligations are detailed in Section 4, titled "FRANCHISE FEE AND ONGOING FEES." This section specifies the initial franchise fee, which is a lump sum payment of $35,000. This fee is broken down into two parts: $17,000 to obtain the franchise and $18,000 for the one-time initial training. The Franchise Fee grants the franchisee the right to join the Focus CFO System, receive initial training, ongoing support, and utilize the Focus CFO Marks.
Focus Cfo does not finance the Franchise Fee, and it cannot be paid in installments, deferred, or deducted from future compensation. The franchisee cannot engage with Focus CFO, use the Focus CFO Marks, or provide services to Focus CFO clients until the full Franchise Fee is received. The agreement becomes void if the Franchise Fee is not paid in full within three business days of signing the Franchise Agreement.
Item 5 of the FDD also discusses the initial fees, reiterating the $35,000 Franchise Fee, comprised of the $17,000 franchise payment and the $18,000 training fee. It also mentions that Focus CFO has, in the past, offered discounts on the Franchise Fee during periods of significant geographic expansion and may offer similar discounts in the future. The FDD also states the conditions under which Focus CFO will refund the franchise fee, such as an unsuccessful background check. However, the franchise fee is non-refundable if the franchisee terminates the agreement or if Focus CFO terminates the agreement for cause or failure to meet performance standards.