10/10

Franchimp Summary Rating

10 /10
Lower than 9% of peers

Franchise Summary

Description
As a franchisee of Focus CFO Group, LLC ("Focus CFO"), you will provide fractionalChief Financial Officer services ("CFO Services") primarily to small and medium sizebusinesses. As a result of considerable expenditure of time, effort and money, Focus CFO hasdeveloped and owns a unique system of providing fractional CFO Services (the "Focus CFOSystem" or "System") which is operated under certain unique and publicly recognizedtrademarks, service marks, logos and other commercial symbols including without limitation, themark "Focus CFO" ("Focus CFO Marks" or "Marks"). The Focus CFO System includes avariety of proprietary and confidential business methods, techniques, formats, designs, specifications, standards and procedures prescribed by or subject to the approval of Focus CFO, all of which may be improved further, developed or otherwise modified from time to time byFocus CFO.
Company Background
Focus CFO is the nation's leading provider of fractional chief financial officer services. We are looking for franchisees to join our team and help small and medium-size businesses in their growth. As a result of considerable expenditure of time, effort and money, Focus CFO has developed a unique system that provides fractional CFO Services (the "Focus CFOSystem" or "System") which is operated under certain unique and publicly recognized trademarks, service marks, logos and other commercial symbols including without limitation, the mark "FocusCFO.com." The company has been featured on Inc., Entrepreneur Magazine, CNBC's Squawk Box with Becky Quick as well as many others publications
Franchise Opportunity
Small and medium size businesses often lack the financial resources to hire a full-time CFO. This can lead to a number of problems, including missed opportunities, cash flow issues, and compliance risks. Focus CFO is a unique system that provides fractional CFO services to small and medium size businesses. Our system is operated under certain unique and publicly recognized trademarks, service marks, logos and other commercial symbols. As a franchisee of Focus CFO Group LLC, you will have access to this system and be able to provide fractional CFO services to small and medium size businesses.
Corporate Structure
The Franchisor or its affiliates have been providing CFO services using the Focus CFO Marks since September 2001 and the Franchisor has been offering franchises since April 2018. Focus CFO Group, LLC, the Franchisor, is a limited liability company organized in the State of Ohio. Focus CFO Group, LLC is 99% owned by Focus CFO Holdings, LLC and 1% owned by The CFO Company, LLC, a 100% owned subsidiary of Focus CFO Holdings, LLC. Focus CFO Group, LLC was formed on March 13, 2018. Focus CFO Group, LLC also has a 100% owned subsidiary, Focus CFO Group, Ltd, where Franchisees who elect to participate in the Company's group medical insurance plan are paid. We do business under our entity name and the trade name 'Focus CFO'. We do not do business under a name other than Focus CFO. Our principal business address is 575 Charring Cross Drive, Suite 102, Westerville, Ohio 43081, a suburb of Columbus, Ohio. Our agent for service of process is, Mercury Agent Company, 250 West Street, Suite 700, Columbus, Ohio 43215. We have no other business activities.

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FocusCFO Franchise System Development in 2022

FAQ

How much investment do I need to start my own FocusCFO business?
Franchisees typically require at least $26 to $54 investment to get their FocusCFO business started
What are the initial franchise fees for FocusCFO?
Franchisees typically need to pay at least $25 in fees directly to FocusCFO in order to earn the right to launch their business
How much money can I make with a FocusCFO franchise? What are the average revenues for a typical FocusCFO business?
We haven’t done the math on how much revenue a typical FocusCFO brings in each year. We estimate that other franchisees in the Professional Services industry generate $952,375 revenue, so we would expect FocusCFO to generate a similar amount
How long do I need to commit to running a FocusCFO unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

10 /10
The Franchisor's investment costs ranges from $26,000 to $54,000 which is Much Lower than the $0 to $0 average in the Financial Services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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