For Pearce Bespoke, what should a prospective franchisee do with the copy of the signed receipt after signing it?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
Pearce Bespoke Attached as the last pages of this Disclosure Document, are detachable Receipts to be signed by you. Please keep one for your records, and sign and return a copy to us.
Source: Item 23 — RECEIPTS (FDD pages 39–172)
What This Means (2025 FDD)
According to the 2025 Pearce Bespoke Franchise Disclosure Document, after signing the detachable receipts included at the end of the document, a prospective franchisee should keep one copy for their records and return the other signed copy to Pearce Bespoke.
This requirement ensures that both the franchisee and Pearce Bespoke have a record of the franchisee's receipt of the FDD. This is a standard practice in franchising, as it documents that the prospective franchisee has been given the opportunity to review the disclosure document before making any financial commitment or signing any agreements.
By keeping a copy for their records, the prospective Pearce Bespoke franchisee can refer back to the document during their decision-making process and after signing the franchise agreement. Returning the signed copy to Pearce Bespoke confirms that the franchisee received the FDD and acknowledges their understanding of its contents.