Franchisees Squeezed Between Franchisors And Pandemic Circumstances
In the best of times, owning a franchise provides a fast track path to business success by using a proven template that’s been tried and tested, and with ongoing support from the franchisor. Franchise systems are designed to grow revenue while working in partnership with enthusiastic brand ambassadors.
Unfortunately, the pandemic has scrambled the franchisor-franchisee relationship and both sides are struggling to adapt.
A franchise is a method of distributing products or services by a franchisor, who establishes the brand’s trademark and a business system, and a franchisee, who pays an on-going fee to do business under the franchisor’s name and system.
Read our full discussion of this issue at https://rcbizjournal.com/2020/11/19/franchisees-sqeezed-between-franchisors-and-pandemic-circumstances/
For more information about this article or other issues, please contact us, The Bachman Law Firm PLLC at firstname.lastname@example.org or 845-639-3210