factual

Does Pearce Bespoke provide training to the franchisee and its managers before the franchisee commences operations?

Pearce_Bespoke Franchise · 2025 FDD

Answer from 2025 FDD Document

Upon execution of the Franchise Agreement and for so long as Franchisee holds a Pearce Bespoke Franchise, subject to the terms of this Agreement, but prior to Franchisee's commencement of operations of the Pearce Bespoke Franchise, Franchisor shall:

  • a. Train Franchisee and its manager(s) as described in this Agreement;

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 Training"), which may be held online or in person at a location designated by Franchisor. The anticipated cost of certification or recertification is approximated to be $199, which amount maybe changed from time to time.

Source: Item 22 — CONTRACTS (FDD page 39)

What This Means (2025 FDD)

According to Pearce Bespoke's 2025 Franchise Disclosure Document, Pearce Bespoke does provide training to the franchisee and its managers before the franchisee commences operations. Prior to the franchisee's commencement of operations, Pearce Bespoke will train the franchisee and its managers as described in the Franchise Agreement.

The training program is provided online or at a location designated by Pearce Bespoke. The first portion of the training includes instruction on general business issues related to the ownership of 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. The duration of this portion is generally one week and is scheduled at the franchisor's discretion. The second portion of the training program may include instruction on sales and marketing, computer operation, Pearce Bespoke Franchise management, and other topics Pearce Bespoke may select. The period of this session will be at Pearce Bespoke's discretion but generally will be for one week and will be scheduled by Pearce Bespoke.

The 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 franchisee's business, and Pearce Bespoke may terminate the Franchise Agreement. The franchisee is responsible for travel costs, room and board, salaries, fringe benefits, and other expenses incurred while attending the training program. If the franchisee requests training at their location, Pearce Bespoke may provide it at its sole discretion, and the franchisee will be responsible for reimbursing Pearce Bespoke for the associated costs, up to $5,000. Franchisees and active clothiers are also required to attend Pearce Bespoke's certification training, with an anticipated cost of approximately $199, which may change.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.