In the receipts section, what information about the Bee Organized franchisee's signature is required?
Bee_Organized Franchise · 2025 FDDAnswer from 2025 FDD Document
Please sign this copy of the receipt, date your signature, and return it to Bee Organized Enterprises, LLC, 4350 West 107th Street, Overland Park, Kansas 66207.
Source: Item 23 — RECEIPTS (FDD pages 54–218)
What This Means (2025 FDD)
According to Bee Organized's 2025 Franchise Disclosure Document, after receiving the document, a prospective franchisee must sign and date the receipt copy. The signed and dated receipt should then be returned to Bee Organized Enterprises, LLC at their address: 4350 West 107th Street, Overland Park, Kansas 66207.
This receipt serves as an acknowledgement that the franchisee received the FDD, which summarizes key provisions of the Franchise Agreement. Federal and state laws mandate that franchisors provide this document to potential franchisees within a specific timeframe before any binding agreements are signed or payments are made. For instance, Bee Organized must provide the FDD 14 calendar days in advance. New York and Rhode Island require the document at the earlier of the first personal meeting or 10 business days before signing, while Michigan requires 10 business days before signing or payment, whichever comes first.
The purpose of this requirement is to ensure that prospective franchisees have adequate time to review the FDD and seek professional advice before committing to the franchise. The receipt confirms that Bee Organized has met its legal obligations in providing this information. Failure to deliver the FDD on time or if it contains false information, a violation of federal and state law may have occurred and should be reported to the Federal Trade Commission and the applicable state administrator.