What is the franchisee's obligation regarding the Development Schedule for Bigfoot Forestry?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
- 4.1. Development Schedule. You must develop, open and operate all Bigfoot Forestry Businesses listed in the Development Schedule. Each Franchised Territory you develop is considered a separate Bigfoot Forestry Business. You must develop and open each Bigfoot Forestry Business in strict compliance with the opening dates set forth in the Development Schedule. We may, in our sole discretion, extend one or more opening dates listed in the Development Schedule if you demonstrate to our satisfaction that you used best efforts to comply with the opening date and the need for the extension is due to unforeseeable delays rather than your lack diligence or funding. The opening date listed in the Development Schedule for a given Bigfoot Forestry Business may be earlier than the opening date required under the terms of the associated Franchise Agreement. In order to comply with the Development Schedule you must open each Bigfoot Forestry Business by the opening date listed in the Development Schedule even if such date is earlier than the opening date required by the associated Franchise Agreement.
- 4.2. Reasonableness of Development Schedule. You represent that you: (a) have conducted your own independent investigation and analysis of the prospects for development of the Bigfoot Forestry Businesses in the Development Territory; (b) approve the Development Schedule as being reasonable and viable; and (c) recognize that any breach of the Development Schedule is a material breach of this Agreement.
- 4.3. Franchise Agreements. You must sign a separate Franchise Agreement for each Bigfoot Forestry Business. You must sign the Initial Franchise Agreement for your first (1st) Bigfoot Forestry Business at the time you sign this Agreement. Each Franchise Agreement shall be our then-current form of Bigfoot Forestry Franchise Agreement, the terms of which may vary materially and substantially from the terms of the Initial Franchise Agreement; provided, however, that the initial franchise fee imposed under each Franchise Agreement shall be determined in accordance with the
Source: Item 23 — RECEIPT (FDD pages 42–162)
What This Means (2025 FDD)
According to Bigfoot Forestry's 2025 Franchise Disclosure Document, a franchisee with development rights must adhere to the Development Schedule. The franchisee is obligated to develop, open, and operate all Bigfoot Forestry Businesses as outlined in the Development Schedule. Each franchised territory developed is considered a separate Bigfoot Forestry Business, and each must be developed and opened in strict compliance with the opening dates specified in the Development Schedule.
Bigfoot Forestry may, at its discretion, extend one or more opening dates if the franchisee demonstrates that they used their best efforts to comply with the original date, and the delay was due to unforeseeable circumstances beyond their control, rather than a lack of diligence or funding. The opening date listed in the Development Schedule for a given Bigfoot Forestry Business may be earlier than the opening date required under the terms of the associated Franchise Agreement. To comply with the Development Schedule, the franchisee must open each Bigfoot Forestry Business by the opening date listed, even if it is earlier than the date required by the associated Franchise Agreement.
The franchisee also represents that they have conducted their own independent investigation and analysis of the prospects for development of the Bigfoot Forestry Businesses in the Development Territory, approve the Development Schedule as being reasonable and viable, and recognize that any breach of the Development Schedule is a material breach of the agreement. The franchisee must sign a separate Franchise Agreement for each Bigfoot Forestry Business, with the Initial Franchise Agreement signed at the same time as the Development Agreement. The terms of subsequent Franchise Agreements may vary materially from the Initial Franchise Agreement; however, the initial franchise fee will be determined in accordance with the agreement.