Is the 'Accounting Period' for a Bee Organized franchise determined weekly, monthly, or otherwise?
Bee_Organized Franchise · 2025 FDDAnswer from 2025 FDD Document
y Franchisor from time to time with respect to Franchisee's obligations to report financial information and data to Franchisor and Franchisee's payment of all fees and other obligations under this Agreement. The respective "Accounting Period" shall be those Franchisor designated times, whether, weekly, monthly, or otherwise, as designated by Franchisor, with all such Accounting Periods automatically commencing on the earlier of the (a) Scheduled Opening Date, or (b) the Actual Opening Date of the Franchised Business and, continuing, throughout the Term of this Agreement. Unless otherwise designated by Franchisor at any time, unless otherwise specified in this Agreement, the Accounting Period shall be a monthly period for each and every month throughout the Term of this Agreement.
- "Actual Opening Date" means the date upon which Franchisee first advertises, offers and/or provides services to the public concerning the Franchised Business.
- "Additional Initial Training Fee" shall have the meaning defined and set forth in Article 4.A. of this Agreement.
Source: Item 23 — RECEIPTS (FDD pages 54–218)
What This Means (2025 FDD)
According to Bee Organized's 2025 Franchise Disclosure Document, the 'Accounting Period' is the time frame the franchisor selects to measure and report financial information and to determine payment obligations for the franchisee. The specific length of the accounting period (weekly, monthly, or otherwise) is determined by Bee Organized. Unless Bee Organized designates otherwise, the accounting period is a monthly period throughout the term of the Franchise Agreement.
This means that, unless specifically notified otherwise, a prospective Bee Organized franchisee will calculate and report their financial data to Bee Organized on a monthly basis. They will also make payments for royalty fees and other obligations monthly.
The accounting period automatically starts on the earlier of the scheduled or actual opening date of the Bee Organized franchise and continues for the entire term of the agreement. This ensures consistent financial tracking and reporting from the beginning of operations.