What fees payable to Bigfoot Forestry can be covered by the debit entries?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
Gross Sales" means the sum of all revenue and receipts derived from or invoiced in connection with the operation of your Business, whether in the form of cash, check, credit card, debit card, barter, exchange or other credit transaction, including amounts invoiced but not collected. Without limiting the generality of the foregoing, Gross Sales includes: (a) revenue from the sale of Bigfoot Forestry Services; (b) revenue from the sale of merchandise, retail items, products or supplies that we authorize or that reference the Marks or in any way relate to your Business; and (c) revenue and other monies that are collected or invoiced from any other source and for any purpose and that in any way relate to your Business, including, without limitation, advertising revenue, sponsorship fees and business interruption insurance proceeds. Gross Sales excludes: (a) sales or use taxes you pay to a Governmental Authority; (b) revenue you collect from a customer and later refund to that customer in a bona fide refund transaction; and (c) revenue derived from the sale of equipment in the ordinary course of business.
Source: Item 23 — RECEIPT (FDD pages 42–162)
What This Means (2025 FDD)
I am unable to provide information on which fees payable to Bigfoot Forestry can be covered by debit entries, according to the 2025 Franchise Disclosure Document excerpts provided. While the excerpts define 'Gross Sales' as including revenue in the form of cash, check, credit card, debit card, barter, exchange, or other credit transaction, it does not specify which fees Bigfoot Forestry will accept via debit entries.
For prospective franchisees, this means it's essential to clarify with Bigfoot Forestry the accepted payment methods for various fees. Understanding whether debit entries are permissible for all fees, or only specific ones, is crucial for managing cash flow and ensuring timely payments.
To gain clarity, a prospective Bigfoot Forestry franchisee should directly ask the franchisor for a comprehensive list of fees that can be paid via debit entries. This will help in planning and budgeting for the franchise operation.