Posted by Elizabeth Gore-Jones
on 23 March 2020
Covid-19 is causing confusion and panic amongst franchisees who may not be able to operate their franchised business or who are suffering a significant downturn in trade.
Franchisees may have legal rights that protect their interests or at least give them some bargaining power to negotiate a deal to see them to the end of this pandemic.
For instance, your franchise agreement may be frustrated because the parties can no longer perform their obligations under the franchise agreement.
We...
Posted by Elizabeth Gore-Jones
on 19 March 2020
Today we have launched the Covid-19 Franchisor Response Guide
You can find it here: https://s3-ap-southeast-2.amazonaws.com/wh1.thewebconsole.com/wh/4838/images/Covid-19-Franchisor-Response-Guide.pdf
Your franchisees are looking to you for direction in these uncertain times and this Guide should assist you in the steps you should be taking now.
We can assist in:
1.keeping you up to date with changing laws and Government directives;
2. drafting policies, directives and communications to f...
Posted by Elizabeth Gore-Jones
on 10 March 2020
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Do tenants/lessees have more bargaining power in the face of the Coronavirus and challenging retail conditions?
The impending doom that is the Coronavirus would have us all believe that the malls, shops and streets are soon to be devoid of humans.
The downturn in the retail economy is well documented and much discussed.
The talk of an unavoidable recession is filling the airwaves.
Is this all doom and gloom or an opportunity to be grasped?
If a tenant/lessee has a suitable concept, ...