What are the two options available to a Focus Cfo franchisee who wants to provide CFO Services?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
- 1.4.
If Franchisee expresses an intent to provide CFO Services, Franchisee may either: (i) perform CFO Services on a limited basis as a CFO, as set forth in Attachment B Section 1.E.i., under a separate CFO Licensing Agreement with Focus CFO while maintaining its status as an Area President under this Agreement; or (ii) terminate this Agreement and its right to operate as an Area President and apply with Focus CFO to acquire a non-exclusive license to operate as a CFO under a Focus CFO Licensing Agreement.
Under this Section 1.4(ii), Focus CFO will not refund any difference, if applicable, between the Franchise Fee paid by Franchisee under this Agreement and any payment required to obtain a non-exclusive license.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, a franchisee who wants to provide CFO Services has two options. First, they can perform CFO Services on a limited basis as a CFO under a separate CFO Licensing Agreement with Focus CFO, while still maintaining their status as an Area President. The FDD refers to Attachment B Section 1.E.i for further details on this option.
The second option is to terminate their Franchise Agreement as an Area President and apply to Focus CFO for a non-exclusive license to operate solely as a CFO under a Focus CFO Licensing Agreement. If a franchisee chooses this second option, Focus CFO will not refund any difference between the initial franchise fee and the payment required for the non-exclusive license.
It is important for prospective franchisees to carefully consider these options and their implications. The decision to provide CFO services, either on a limited basis or as a full-time CFO, will impact their role, responsibilities, and compensation within the Focus CFO system. Consulting with Focus CFO directly and reviewing the referenced attachments is crucial before making a final decision.