Can the Franchisor change the 'Accounting Period' for a Bee Organized franchise at any time?
Bee_Organized Franchise · 2025 FDDAnswer from 2025 FDD Document
"Accounting Period" means the period of time selected and determined by Franchisor for the required measurement and reporting of financial information and payment of financial obligations by Franchisee. The applicable measurement period will be determined by 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.
Source: Item 23 — RECEIPTS (FDD pages 54–218)
What This Means (2025 FDD)
According to Bee Organized's 2025 Franchise Disclosure Document, the franchisor has the authority to determine and modify the 'Accounting Period' for franchisees. The 'Accounting Period' is defined as the timeframe Bee Organized selects for measuring, reporting financial data, and paying financial obligations. This period can be weekly, monthly, or another interval, as designated by Bee Organized.
The accounting period commences on the earlier of the Scheduled Opening Date or the Actual Opening Date and continues throughout the term of the Franchise Agreement. Unless Bee Organized specifies otherwise, the accounting period is a monthly period for each month during the term of the agreement.
This means that Bee Organized franchisees must adhere to the accounting periods set by the franchisor for reporting financial information and making payments. The franchisor retains the right to alter these periods as needed, which could impact the timing of financial reporting and payments for the franchisee. Prospective franchisees should be aware that these changes are at the discretion of Bee Organized.