What was the total revenue for Focus Cfo in 2022?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
ITY | 723,721 | 324,472 | | TOTAL LIABILITIES AND MEMBERS' EQUITY | $ 2,595,673 | $ 1,768,094 |
The accompanying notes are an integral part of these financial statements.
CONSOLIDATED STATEMENTS OF INCOME
Years Ending December 31, 2024, 2023 and 2022
| | 2024 | 2023 | 2022 | |------------------
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, the total revenue for 2022 was $16,500,779. This revenue is comprised of two components: CFO services and franchise and license fees. CFO services generated $16,192,779, while franchise and license fees contributed $308,000 to the total revenue. This information is derived from the consolidated financial statements audited by an independent auditor.
Focus Cfo's revenue streams are important for prospective franchisees to understand, as they highlight the different ways the company generates income. A significant portion of the revenue comes from CFO services, which are provided to small and medium-sized businesses. The franchise and license fees also contribute to the overall revenue, indicating the income generated from franchisees and licensees joining the Focus Cfo system.
Analyzing these figures allows potential franchisees to assess the financial health and growth trajectory of Focus Cfo. The breakdown of revenue sources provides insights into the company's business model and its reliance on different income streams. This information, combined with other financial data in the FDD, can help franchisees make informed decisions about investing in a Focus Cfo franchise.