How many pages are dedicated to Records in the Beehive Homes documentation?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
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- At anytime during normal business hours, Bee Hive Homes may examine and copy any of Assignor's, Assignee's, or any [Shareholder's/Partner's/Member's] records, books, financial records, tax returns, or other documents for the purpose of insuring compliance with the Franchise Agreement and this Assignment.
Source: Item 23 — RECEIPTS (FDD pages 34–123)
What This Means (2025 FDD)
Based on the 2025 Beehive Homes Franchise Disclosure Document, there is no specific section or exhibit dedicated solely to 'Records' that can be quantified by page count. However, the term 'records' appears in various contexts throughout the document, particularly in relation to compliance, financial oversight, and assignment agreements. For example, Beehive Homes retains the right to examine and copy a franchisee's records to ensure compliance with the Franchise Agreement. The FDD also mentions the importance of franchisees maintaining accurate records of expenditures as part of their business planning.
While the FDD does not dedicate a specific number of pages to the topic of 'records', it emphasizes the importance of record-keeping for franchisees. The Business Planning Guide section of the Owner/Operator Training Outline includes 'Recording Expenditures' and 'Reports', indicating that franchisees will receive training on these topics. Additionally, the receipt (Exhibit J) confirms that prospective franchisees receive a table of contents to the Policy and Procedures Manual (Exhibit G), which likely contains detailed information about required records and reporting procedures.
Prospective Beehive Homes franchisees should carefully review the Policy and Procedures Manual (Exhibit G) and discuss record-keeping requirements with the franchisor during their due diligence. Understanding the specific types of records franchisees are expected to maintain, the frequency of reporting, and the franchisor's audit rights is crucial for ensuring compliance and managing the business effectively. Franchisees should also inquire about the software or systems recommended or required for record-keeping and reporting purposes.