What is the timeframe that defines 'permanent disability' for a Focus Cfo Equity Owner?

According to the 2025 Focus Cfo Franchise Disclosure Document, a Focus Cfo Equity Owner is considered permanently disabled if they are physically or mentally unable to perform the required services for a specific duration. This inability must last for ninety consecutive days, or for a total of one hundred twenty days within any one hundred eighty-day period. If either of these conditions is met, Focus Cfo has the right to terminate the Franchise Agreement with written notice to the franchisee.

This definition of permanent disability has significant implications for a prospective Focus Cfo franchisee. Should the Equity Owner become disabled as defined in the agreement, Focus Cfo has the right to terminate the agreement. This could result in a loss of income and the value of the franchise.

In the event of termination due to permanent disability, the FDD outlines specific payment terms. Payments for work credited to the franchisee's book of business before the termination date will be paid to the franchisee or their estate. Additionally, payments for work credited after the termination date will be split, with fifty percent going to the franchisee or their estate and fifty percent to the new Area President assigned to the clients, for up to five years from the date of disability, unless an alternative agreement exists and is approved by Focus Cfo.