When is the technology fee paid for a Bigfoot Forestry franchise?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
- 10.
Technology Fee: This is the first installment of the technology fee, which is paid prior to opening.
- 11.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–18)
What This Means (2025 FDD)
According to the 2025 Bigfoot Forestry Franchise Disclosure Document, the technology fee is paid before opening the franchise. The initial technology fee installment is $350, which is paid as a lump sum to Bigfoot Forestry. This fee covers the initial costs to purchase a mobile smartphone device and printer, but does not include the pre-configured laptop, which is purchased separately from an affiliate as part of the Startup Package.
Prospective franchisees should note that this is only the initial installment of the technology fee. Ongoing technology fees are likely to be included in the 'Additional Funds' estimate of $8,000 to $18,000 for the first three months of operation. These additional funds cover various expenses, including software and technology fees, payroll, rent, fuel, advertising, and working capital.
It is important for potential Bigfoot Forestry franchisees to budget for these technology costs and understand what ongoing technology expenses they will incur to operate the business effectively. They should also clarify with Bigfoot Forestry what specific software and technology are covered by the initial and ongoing fees to ensure they have a clear understanding of the total technology investment required.