Consumer markets: Navigating COVID-19 for franchisors

Australia Publication October 2020

These are unprecedented times. The profound impact of COVID-19 and ensuing Government action to combat the health and economic crisis, have had an enormous impact on businesses.

Our Consumer Markets Navigating COVID-19 publication, provides multi-disciplinary insight on the key areas franchisors must turn their minds to in responding to the COVID-19 crisis.

The series discusses the implications of COVID-19 on day-to-day operations for franchisors, specifically:

  • actions franchisors should take in relation to franchisee compliances and employment practices;
  • how to approach lease negotiations in the context of SME Commercial Leasing Principles;
  • how best to manage franchisee compliance during the pandemic;
  • how to stay on top of franchise agreement renewals and extensions;
  • how franchisors and retailers might need to review and adapt their enforcement and recovery procedures;
  • how franchisors can respond to financial duress caused by the economic impact of the pandemic; and
  • outlines some key risk areas, and the questions to be asked as part of effective risk assessment in a post COVID-19 economy. 

What the future will hold, as we attempt to shift towards a period of recovery, is unclear. However, we can certainly expect disruption for some time, and businesses will need the assistance of agile legal teams during this time and beyond.

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