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As franchisees try to navigate through the COVID-19 crisis, one more thing to beware of is “help” that comes with strings attached. Many, if not most, franchisees are behind on bills, including royalty and fee payments to their franchisor. Many of those will receive an “offer” from their franchisor that they will “defer” some of the fees until later—if you ...

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Over the last few weeks, franchisees across the country have been faced with challenges no one ever imagined. Franchisees operate in some of the hardest hit businesses including fitness, food service, and health and beauty. Whether your business has suffered from a sudden drop in sales, shifted to take out only, or been forced to close, Coronavirus is likely forcing ...

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