What is the name of the company whose financial statements are included in the Bigfoot Forestry FDD?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
Bigfoot Franchising, LLC Notes To Financial Statements December 31, 2024
1. COMPANY AND NATURE OF OPERATIONS
Bigfoot Franchising, LLC (the Company) was organized in South Carolina on July 12, 2022. The Company operates under the trade name Bigfoot Forestry and offers franchise opportunities in the land services industry. Franchisees provide land clearing and forestry services, including mulching, brush removal, excavation, and stump grinding, to residential and commercial customers. Franchise operations are designed to be conducted from home or small facilities with scalability as demand grows.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
This summary of significant accounting policies is presented to assist the reader in understanding and evaluating the Company's financial statements. The financial statements and notes are representations of the Company's management, which is responsible for their integrity and objectivity. These accounting policies conform to generally accepted accounting principles and have been consistently applied in the preparation of financial statements.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 41)
What This Means (2025 FDD)
According to the 2025 Bigfoot Forestry FDD, the financial statements included are those of Bigfoot Franchising, LLC. The document states that Bigfoot Franchising, LLC, was organized in South Carolina on July 12, 2022, and it operates under the trade name Bigfoot Forestry, offering franchise opportunities in the land services industry.
As the franchisor, Bigfoot Franchising, LLC is the entity responsible for providing financial information to potential franchisees. This is a standard practice in franchising, as it allows prospective franchisees to assess the financial stability and performance of the franchisor.
The notes to the financial statements clarify that the financial statements and related notes are the responsibility and representation of the company's management. These statements are prepared in conformity with generally accepted accounting principles in the United States of America (GAAP).