Under what condition will Bigfoot Forestry not impose a late fee?
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, if a franchisee breaches the brand's standards or operating procedures, including failing to submit required reports on time, Bigfoot Forestry will notify the franchisee of the breach. If the franchisee corrects the issue within the time period Bigfoot Forestry prescribes, then Bigfoot Forestry will not impose a noncompliance fee.
However, if the franchisee fails to correct the breach within the given time frame, Bigfoot Forestry may impose a noncompliance fee of $500 for each occurrence. Additionally, Bigfoot Forestry may impose a separate fee of $100 every 48 hours if the same noncompliance issue remains unresolved after the initial fee is imposed.
This policy highlights the importance of adhering to Bigfoot Forestry's standards and procedures. Franchisees should ensure they understand and comply with all requirements, including timely submission of reports, to avoid incurring these fees. The escalating fee structure, with an initial $500 fee followed by $100 every 48 hours, creates a strong incentive for franchisees to promptly address any identified issues.