Where will the initial Pearce Bespoke training program be conducted?
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.
Source: Item 22 — CONTRACTS (FDD page 39)
What This Means (2025 FDD)
According to the 2025 Pearce Bespoke Franchise Disclosure Document, the initial training program will be conducted online or at another location that Pearce Bespoke designates.
The training program is divided into two portions. The first portion covers general business issues related to owning a Pearce Bespoke business, such as product knowledge, recruitment, business plan development, tech tools, point-of-sales systems, product purchasing, and the franchisor's preferred vendor program. This portion typically lasts one week, but the exact duration is at Pearce Bespoke's discretion. The second portion may include instruction on sales and marketing, computer operation, Pearce Bespoke Franchise management, and other topics selected by Pearce Bespoke. This session also typically lasts one week, with the specific duration determined by Pearce Bespoke.
A prospective Pearce Bespoke franchisee (or other required trainees) must successfully complete both sessions of the training program. Failure to do so may result in denial of the right to manage the franchise, and Pearce Bespoke may terminate the Franchise Agreement. The franchisee is responsible for all travel costs, room and board, salaries, fringe benefits, and other expenses incurred while attending the training program. Pearce Bespoke also requires franchisees and active clothiers to attend certification training, which may be held online or in person at a location designated by Pearce Bespoke. The anticipated cost of certification or recertification is approximately $199, but this amount may change.