Under what conditions can a Focus Cfo franchisee perform CFO Services?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
o perform authorized CFO Services using the Focus CFO Marks to clients who have signed a Professional Services Agreement with Focus CFO.
- 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.
- 1.5. Franchisee may, but is not required to, hire employees and/or outside contractors ("Support Resources") for administrative support without the written consent of Focus CFO. Franchisee shall obtain Focus CFO's prior written approval for the hiring of any Support Resource who is designated by Franchisee as having a "public facing role" that utilizes the Focus CFO Marks. Such approval by Focus CFO is necessary in order to protect the Focus CFO brand. Franchisee shall take full responsibility for all Support Resources Franchisee hires and shall comply with all federal, state and local employment laws and regulations.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, a Focus Cfo franchisee typically operates as an Area President, focusing on generating new clients through Focus Cfo's established system. The Area President generally does not perform CFO services directly for clients. Instead, these services are delivered by separately licensed CFOs who utilize the Focus Cfo marks and system.
However, a Focus Cfo franchisee who is an Area President can perform CFO services under specific conditions. First, the franchisee can perform CFO Services on a limited basis as a CFO under a separate CFO Licensing Agreement with Focus CFO while maintaining their status as an Area President. Alternatively, a franchisee can terminate their Franchise Agreement as an Area President and apply to become a licensed CFO with Focus CFO.
It's important to note that if an Area President voluntarily terminates their Franchise Agreement to become a Licensee or performs more than eight days of billable client work a month as a CFO, they will not receive the base rate payment on their Book of Business. Instead, they will be compensated for the CFO services they perform under the Licensing Agreement with Focus CFO. This distinction is important for prospective franchisees to consider when deciding how they want to structure their involvement with Focus CFO.