What is covered under Section 7.D of the Pearce Bespoke Franchise Agreement regarding Pearce Bespoke Training?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
y payments so received are for Franchisor's benefit only and may be used or applied in any manner determined by Franchisor in Franchisor's sole and absolute discretion.
D. Training.
Franchisor will provide a training program online, or at such other location Franchisor designates, to educate, familiarize, and acquaint Franchisee with the business of operating a Pearce Bespoke Franchise. The first portion of the training program will include instruction on general business issues related to the ownership of a privately-owned Pearce Bespoke business, such as, by way of example only, product knowledge, recruitment, business plan development, tech tools, point-of-sales systems, product purchasing, Franchisor's preferred vendor program, and other topics Franchisor may select. The duration of this portion will be at Franchisor's discretion but generally will be for one week and will be scheduled by Franchisor at its discretion. The second portion of the training program may include instruction on sales and marketing, computer operation, Pearce Bespoke Franchise management, and other topics Franchisor may select. The period of this session will be at Franchisor's discretion but generally will be for one week and will be scheduled by Franchisor. Franchisee (or such other trainees required by Franchisor) must successfully complete both sessions of the training program. If Franchisee (or such other trainees required by Franchisor) fails to successfully complete both sessions, he/she may be denied the right to manage Franchisee's business and Franchisor may terminate this Agreement pursuant to Section 15. Franchisee will be responsible for travel costs, room and board, the salaries, fringe benefits, and other expenses Franchisee and its employees and designated trainees incur in attending both sessions of the training program. If Franchisee requests, Franchisor may at its sole discretion provide Training at Franchisee's location, and Franchisee will be responsible for reimbursing Franchisor for the transportation costs, lodging costs, and other costs reasonably related to training at Franchisee's location, up to $5,000. Franchise and or all active clothiers working with Franchise are also required to attend Franchisor's certification training (the "Certification Train
Source: Item 22 — CONTRACTS (FDD page 39)
What This Means (2025 FDD)
According to the 2025 Pearce Bespoke Franchise Disclosure Document, Section 7.D, as referenced in Item 22, outlines the training program that Pearce Bespoke provides to its franchisees. The training is designed to educate and familiarize franchisees with operating a Pearce Bespoke franchise. The program is divided into two portions. The first portion covers general business issues related to owning a Pearce Bespoke business, including product knowledge, recruitment, business plan development, tech tools, point-of-sales systems, product purchasing, and the franchisor's preferred vendor program. The duration of this portion is at Pearce Bespoke's discretion but is generally one week. The second portion may include instruction on sales and marketing, computer operation, Pearce Bespoke Franchise management, and other topics selected by Pearce Bespoke, also generally lasting one week. Franchisees must successfully complete both sessions. Failure to do so may result in denial of the right to manage the business or termination of the Franchise Agreement.
Franchisees are responsible for all travel, room and board, salaries, fringe benefits, and other expenses incurred while attending the training program. However, if a franchisee requests on-site training, Pearce Bespoke may provide it at its discretion, with the franchisee responsible for reimbursing Pearce Bespoke for transportation, lodging, and other related costs, up to $5,000.
Furthermore, all active clothiers working with the franchise are required to attend Pearce Bespoke's certification training, which may be held online or in person. The anticipated cost for certification or recertification is approximately $199, but this amount may change over time. This comprehensive training program ensures that franchisees and their staff are well-equipped to operate a Pearce Bespoke franchise according to the franchisor's standards and business system.