Under what conditions can Bigfoot Forestry designate a person to manage my Bigfoot Forestry business?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
t in the ordinary course of business.
- "Managing Owner" means the owner you appoint and we approve with primary responsibility for the overall management and operation of your Bigfoot Forestry Business.
- "Permitted Transfer" means a Transfer: (a) between existing owners; or (b) by the owners to a new business entity that is 100% owned and controlled by the transferring owners; or (c) of less than 20% of the ownership interests in the franchised business. It does not include a Transfer described in (a), (b) or (c) that results in the Managing Owner owning less than 20% of the franchised business.
- "Technology Systems" means all information and communication technology systems that we designate, which may include computer systems, point-of-sale systems, telecommunications systems, order dispatch systems, security systems and similar systems, together with the associated hardware, software (including
cloud-based software) and related equipment, software applications, mobile apps and third-party services relating to the establishment, use, maintenance, moni
Source: Item 6 — OTHER FEES (FDD pages 12–15)
What This Means (2025 FDD)
According to Bigfoot Forestry's 2025 Franchise Disclosure Document, the franchise agreement allows for the appointment of a "Managing Owner" to oversee the Bigfoot Forestry business. This individual must be approved by Bigfoot Forestry and will have primary responsibility for the overall management and operation of the franchise.
The FDD defines a "Managing Owner" as the person you, as the franchisee, appoint and that Bigfoot Forestry approves to manage your business. This indicates that while you have the initial choice in who will manage the business, Bigfoot Forestry retains the right to approve or deny that person. This approval process likely ensures that the manager meets certain qualifications or training standards set by Bigfoot Forestry.
It is important to note the definition of "Transfer" within the FDD, as it relates to ownership interests. A "Permitted Transfer" does not include a transfer that results in the Managing Owner owning less than 20% of the franchised business. This implies that the Managing Owner should maintain a significant ownership stake to ensure their commitment to the success of the Bigfoot Forestry business. Prospective franchisees should clarify with Bigfoot Forestry the specific criteria and process for appointing and approving a Managing Owner, as well as the implications for ownership transfers and the Managing Owner's role in such transactions.