Under the laws of which state was Focus Cfo Group, LLC formed?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
Focus CFO Group, LLC ("FocusCFO" or "the Company") was formed as a limited liability company under the laws of the State of Ohio on March 13, 2018. The Company is owned 99% by Focus CFO Holdings, LLC ("the Majority Owner
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to the 2025 FDD, Focus Cfo Group, LLC was formed as a limited liability company under the laws of the State of Ohio on March 13, 2018. The company is primarily owned (99%) by Focus CFO Holdings, LLC, which is also an Ohio LLC. The remaining 1% is owned by The CFO Company, LLC, another Ohio LLC and a wholly-owned subsidiary of Focus CFO Holdings, LLC.
This means that the legal structure and operations of Focus Cfo are governed by Ohio state law. Any legal disputes or matters related to the company's formation and internal affairs would likely be subject to the jurisdiction of Ohio courts, unless otherwise specified in the franchise agreement.
For a prospective franchisee, this information is relevant because it indicates the legal environment in which Focus Cfo operates. While the franchise agreement itself specifies the governing law and dispute resolution mechanisms, understanding the company's state of formation can provide additional context for assessing legal and operational risks.