When is the royalty fee due date for a Bigfoot Forestry franchise?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
You must pay a cooperative advertising fee on each royalty fee due date or such other date specified by the cooperative.
We may set the minimum cooperative advertising fee or we may allow the cooperative to set the fee based on majority vote of its members.
In either case, the fee will not exceed 2% of Gross Sales.
We may either: (a) collect
cooperative advertising fees and remit them to the cooperative; or (b) require you to pay these fees directly to the cooperative. All cooperative advertising fees you pay are credited towards your Local Marketing Commitment. We may form, change or dissolve cooperatives in our discretion.
Source: Item 23 — RECEIPT (FDD pages 42–162)
What This Means (2025 FDD)
According to the 2025 Bigfoot Forestry Franchise Disclosure Document, the cooperative advertising fee is due on each royalty fee due date or another date specified by the cooperative. Franchisees may be required to pay a cooperative advertising fee, which cannot exceed 2% of Gross Sales. Bigfoot Forestry may either collect these fees and remit them to the cooperative or require franchisees to pay these fees directly to the cooperative. This fee contributes to the franchisee's Local Marketing Commitment.