What written authorization is required for Focus Cfo franchisees to alter PSA language?
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:
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- 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 not authorized to make any changes to the Professional Services Agreement (PSA) language or terms without written authorization from Focus Cfo. This requirement is in place to protect Focus Cfo's system and marks, ensuring that all client engagements adhere to the company's standards for contractual language, pricing, and terms.
The PSA is a critical document in the Focus Cfo franchise system, as all client engagements must use Focus Cfo's standard PSA. These agreements are prepared through a centralized process to maintain consistency and quality. Franchisees are responsible for coordinating the preparation and execution of these PSAs with clients through this centralized system.
This policy means that Focus Cfo franchisees must seek and obtain written approval from Focus Cfo before deviating from the standard PSA document. This ensures that all client contracts align with Focus Cfo's standards and protects the brand's integrity. It also means that franchisees need to factor in the time required to obtain this approval when engaging with clients and finalizing agreements.