factual

Under what condition will Focus Cfo pay the IT Services Fee for the franchisee?

Focus_Cfo Franchise · 2025 FDD

Answer from 2025 FDD Document

approved vendor is $550 per month.

  • (3) The IT package is currently provided by our approved vendor, C-Forward, who will provide an Office 365 license, which includes access to Focus CFO e-mail, Microsoft Office software (Excel, Word, Outlook and PowerPoint), Microsoft Teams video conferencing platform and Microsoft OneDrive file hosting and backup service. The IT package also includes a security monitoring service of the Franchisee's business computer and IT support services as described in Attachment G to the Franchise Agreement. Focus CFO will pay the IT Services Fee until the Franchisee begins to earn compensation. The Franchisee will be responsible for the cost once the Franchisee begins to earn compensation. The

Source: Item 6 — Other Fees (FDD pages 11–13)

What This Means (2025 FDD)

According to Focus Cfo's 2025 Franchise Disclosure Document, Focus Cfo will cover the IT Services Fee for franchisees until they start earning compensation. The IT package, currently provided by C-Forward, includes an Office 365 license with access to Focus CFO email, Microsoft Office software, the Microsoft Teams video conferencing platform, and Microsoft OneDrive. It also features a security monitoring service for the franchisee's business computer and IT support services, as detailed in Attachment G of the Franchise Agreement. The current cost for the IT Services is approximately $30 per pay.

This arrangement means that new Focus Cfo franchisees benefit from having their IT costs covered initially, reducing their startup expenses. This support continues until the franchisee begins generating income, providing a financial buffer during the early stages of the business. Once the franchisee starts earning compensation, they become responsible for the IT Services Fee.

It is important to note that Focus CFO retains the right to modify the IT services and vendor used. Franchisees should stay informed about any changes to the IT services package or vendor, as these changes could affect the services they receive and potentially their costs once they are responsible for the fee. Understanding the terms outlined in Attachment G of the Franchise Agreement is crucial for franchisees to fully grasp the scope of IT support provided and their obligations once they begin earning compensation.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.