What is required to employ someone who is currently employed by Beehive Homes or its affiliates?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
- 8.7. Conflict of Interest. Franchisee covenants that for the duration of this Agreement: (a) neither it nor any Equity Owner shall be employed by or have any direct or indirect financial or ownership interest in any other business providing services of the type described in this Agreement or in the Manual unless such other business is operated pursuant to a franchise granted by Franchisor or its Affiliates; and (b) it will require its resident manager and all employees to execute Franchisor's standard Non-Competition and Non-Disclosure Agreement, signed copies of which will be forwarded by Franchisee to Franchisor within one (1) week after execution or upon the date of employment, whichever is sooner.
Source: Item 23 — RECEIPTS (FDD pages 34–123)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, during the term of the Franchise Agreement, a franchisee cannot employ anyone who has a direct or indirect financial or ownership interest in a similar business unless that business is also a Beehive Homes franchise.
Additionally, Beehive Homes requires that the franchisee make their resident manager and all employees sign a standard Non-Competition and Non-Disclosure Agreement. The franchisee must then forward signed copies of these agreements to Beehive Homes within one week of execution or upon the date of employment, whichever comes first.
This policy is designed to protect Beehive Homes' interests by preventing conflicts of interest and safeguarding confidential information. Franchisees must ensure compliance with these requirements to avoid potential breaches of the Franchise Agreement.