Who is required to attend the Pearce Bespoke training programs?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
ITEM 15 OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISED BUSINESS
Unless we approve your employment of management personnel to operate your Pearce Bespoke Franchise, you must actively participate in the actual operation of the Franchise and devote as much of your time as is reasonably necessary for its efficient operation. The noncompetition provisions found in the Franchise Agreement, do not prohibit you from being employed by a company other than Pearce Bespoke. However, your primary job responsibility must be the operation of the Pearce Bespoke Franchise and we recommend that you actively participate in the operation and supervision of the Franchise. You (if you are an individual) and/or your approved management must attend our training programs. Refer to Item 11 for details. You or your management must complete our initial training program to our sole, subjective satisfaction. We do not require your management to have an equity interest in the Franchise.
If Franchisee is a corporate entity or a partnership, one individual will retain at least fifty percent (50%) of the equity and voting interest in such corporation or partnership and will be obligated to personally manage and operate the Franchisee's business.
We may require every general partner and limited partner, if you are a partnership or limited partnership; or every member, if you are a limited liability company, or every stockholder or other holder of equity interest, if you are a corporation (collectively, "Owners"), to personally guarantee your obligations under the franchise agreement or area development agreement and also agree to be personally bound by, and jointly and severally liable for the breach of, any provision of the franchise agreement or area development agreement. The Owners agree to discharge all of their obligations under the franchise agreement and area development agreement.
Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISED BUSINESS (FDD page 30)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, if a franchisee does not employ management personnel, the franchisee themselves must actively participate in the operation of the franchise and attend the training programs. If the franchisee is a corporate entity or partnership, one individual with at least 50% equity and voting interest must personally manage and operate the business.
Pearce Bespoke requires that the franchisee (if an individual) or their approved management attend the training programs. Furthermore, the franchisee or their management must complete the initial training program to Pearce Bespoke's satisfaction.
In addition to the initial training, all active clothiers working with the Pearce Bespoke franchise are required to attend the franchisor's certification training. This certification training may be held online or in person at a location designated by Pearce Bespoke, with an anticipated cost of approximately $199, which may change over time. Pearce Bespoke may also conduct refresher courses, seminars, and other programs for all franchisees and their clothiers, which the franchisee and/or their employees will be required to attend, covering all associated expenses.