Where can the supplier or Beggars Pizza specify a different Accounting Period?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
At the start of each Accounting Period (as defined below), Supplier will provide Franchisee with an invoice (the "Invoice") containing all current amounts due for all Products purchased during the prior Accounting Period. "Accounting Period" means every seven (7) days beginning on Monday and ending on Sunday.
Supplier hereby expressly reserves the right to designate such other period (which may include a shorter period) as the Accounting Period that Supplier or Beggars may specify in the Manual or in writing from time to time.
Source: Item 23 — RECEIPT (FDD pages 39–192)
What This Means (2025 FDD)
According to Beggars Pizza's 2025 Franchise Disclosure Document, the standard accounting period for franchisee payments to the supplier is every seven days, running from Monday to Sunday. However, the supplier or Beggars Pizza can designate a different accounting period.
The FDD specifies that this alternate accounting period can be communicated to franchisees in two ways: through the Beggars Pizza manual or in writing. This gives Beggars Pizza and its supplier flexibility to adjust payment schedules if needed.
For a prospective Beggars Pizza franchisee, this means the payment terms aren't necessarily fixed. While the standard is a weekly payment, franchisees need to stay informed about any potential changes to the accounting period, either by carefully reviewing updates to the Beggars Pizza manual or by paying attention to written notices from the supplier. It is important to maintain open communication with the supplier to avoid any misunderstandings or late payment issues.