Is the conviction or indictment of an Owner for a felony a Reportable Event for Bigfoot Forestry?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
Reportable Event" means any event or occurrence described in §15.6 that you must report to us.
Source: Item 23 — RECEIPT (FDD pages 42–162)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, it is not possible to determine whether the conviction or indictment of an Owner for a felony is a Reportable Event for Bigfoot Forestry. While the document defines "Reportable Event" as any event or occurrence described in §15.6 that you must report to us, the provided excerpts do not include the content of that section.
To determine whether a felony conviction or indictment is a reportable event, a prospective Bigfoot Forestry franchisee should carefully review section 15.6 of the Franchise Disclosure Document. This section will outline the specific events that franchisees are obligated to report to the franchisor.
Understanding what constitutes a reportable event is crucial for maintaining compliance with the franchise agreement. Failure to report required events can potentially lead to penalties or other adverse consequences. Therefore, it is essential to clarify these obligations before entering into a franchise agreement with Bigfoot Forestry.