Does the definition of 'Confidential Information' for Pearce Bespoke include financial data?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
"Confidential Information" refers to and means: (a) non-public methods, specifications, standards, policies, procedures, information, concepts, programs and systems relating to the development, establishment, marketing, promotion and operation of the Pearce Bespoke; (b) information concerning customers, customer lists, email lists, database lists, product sales, operating results, financial performance and other financial data of the Pearce Bespoke; (c) customer lists and information related to the Pearce Bespoke Business; (d) Business Management System Data; I current and future information contained in the Pearce Bespoke Operations Manual made available to the Pearce Bespoke Business by Pearce Bespoke Franchising, LLC; and (e) production and service procedures that are not disclosed to the public but used
by the Pearce Bespoke Business.
Source: Item 23 — RECEIPTS (FDD pages 39–172)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, the definition of 'Confidential Information' explicitly includes financial data. This definition is crucial because franchisees and their staff are required to sign confidentiality agreements to protect this information. The agreement ensures that sensitive business data remains protected.
The FDD specifies that 'Confidential Information' includes items such as customer information, customer lists, email lists, database lists, product sales, operating results, financial performance, and other financial data related to Pearce Bespoke. This broad definition ensures that a wide range of sensitive information is protected under the confidentiality agreement.
For a prospective Pearce Bespoke franchisee, this means they must ensure their employees and contractors understand and adhere to the confidentiality agreement. Failure to protect this information could result in legal repercussions, as outlined in the agreement, and could cause significant harm to Pearce Bespoke and its franchisees. The franchisee is responsible for taking reasonable steps to prevent unauthorized use or disclosure of confidential information.