Under what condition can Focus Cfo franchisees make changes to PSA language or terms?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
A Franchisee's ability to bind Focus CFO is limited to the following, all of which require the advance approval of Focus CFO:
-
- Professional Services Agreements (PSA). In accordance with the guidelines set forth in Section 7.5 of the Franchise Agreement, Area Presidents are authorized to execute PSA agreements with Focus CFO clients on behalf of Focus CFO, after they have been prepared and approved by Focus CFO. Franchisees are not authorized to make any changes to PSA language or terms without the written authorization of Focus CFO.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, franchisees are generally not authorized to make changes to the language or terms of the Professional Services Agreements (PSA) without explicit written authorization from Focus Cfo. This requirement ensures that all client engagements adhere to Focus Cfo's standards regarding contractual language, pricing, and terms. The PSAs are prepared through a centralized process to maintain consistency and protect the Focus Cfo system and marks.
This restriction means that a Focus Cfo franchisee must seek and obtain written approval from Focus Cfo before deviating from the standard PSA document. This process is in place to ensure that all agreements align with the company's standards and ethical practices. It also protects the brand's reputation and ensures consistent service delivery across all franchise locations.
For a prospective franchisee, this implies that they will need to follow a structured process for client engagements, using the standard PSA provided by Focus Cfo. Any specific client needs or requests that require modifications to the PSA must be communicated to Focus Cfo for review and approval. This requirement may add a layer of administrative work for the franchisee, as they need to coordinate with Focus Cfo for any non-standard contractual terms. However, it also provides a level of support and quality control, ensuring that the franchisee operates within the established framework and benefits from the brand's expertise.