What is the noncompliance fee that Bigfoot Forestry may impose for a breach of standards or operating procedures?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
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- 11.16.Failure to Comply with Standards. You acknowledge the importance of every one of our standards and operating procedures to the reputation and integrity of the System and goodwill associated with the Marks. If we notify you of a breach of our standards or operating procedures (including failure to submit required reports in a timely manner) and you fail to cure within the time period we presc
Source: Item 23 — RECEIPT (FDD pages 42–162)
What This Means (2025 FDD)
According to Bigfoot Forestry's 2025 Franchise Disclosure Document, franchisees may be subject to noncompliance fees for breaches of the company's standards or operating procedures. If Bigfoot Forestry notifies a franchisee of a breach and the franchisee fails to correct the issue within the given timeframe, Bigfoot Forestry may impose a noncompliance fee of $500 per occurrence.
In addition to the initial $500 fee, Bigfoot Forestry may also charge a separate fee of $100 for every 48-hour period that the noncompliance issue remains unresolved after the initial fee is imposed. This means that the fees can accumulate quickly if the franchisee does not promptly address the issue.
It is important for prospective Bigfoot Forestry franchisees to understand the company's standards and operating procedures and to ensure they have the resources and systems in place to comply with them. Failure to do so could result in significant noncompliance fees, which could negatively impact the profitability of the franchise. Franchisees should also clarify the specific procedures for notification of breaches and the allowed cure periods to avoid misunderstandings.