What constitutes a 'Development Business' under the Bigfoot Forestry Area Development Agreement?

According to Bigfoot Forestry's 2025 Franchise Disclosure Document, a 'Development Business' refers to the franchised business that an area developer conducts under the Area Development Agreement. This business specifically involves developing and opening Bigfoot Forestry Businesses within a defined Development Territory.

In simpler terms, if you sign an Area Development Agreement with Bigfoot Forestry, your 'Development Business' is the overall operation of establishing multiple individual Bigfoot Forestry franchise locations within the geographic area outlined in the agreement as the 'Development Territory'. Your responsibilities include finding suitable locations, setting up the businesses, and ensuring they meet Bigfoot Forestry's standards.

The Development Territory is comprised of combined individual Franchised Territories, each of which will operate under a separate Franchise Agreement. The Development Schedule outlines the timeline and requirements for opening these Bigfoot Forestry Businesses within the Development Territory. Therefore, the 'Development Business' is the overarching business entity responsible for fulfilling the development obligations outlined in the Area Development Agreement, while each individual franchise operates as a 'Bigfoot Forestry Business'.