The COVID-19 pandemic has caused many businesses to make a wide range of operational changes to comply with new health and safety requirements or governmental orders, and to address issues arising from the disruption to the supply chain. Addressing and adapting to these changes within a franchise system, with a number of independently operated franchise units, adds another layer of complexity, and franchisors must ensure that their franchise agreements provide the means within which these changes can be addressed and communicated to both franchisees and other stakeholders.  In this session, we will examine a number of franchise agreement provisions that require amendments to ensure that franchisors have the tools needed to face similar emergency situations in the future.

Learning takeaways:

-Gain insight into how COVID-19 is impacting franchise agreements

-Learn what provisions in the franchise agreement need to be updated in response to COVID-19

-Receive advice for how to ensure your franchise agreement is up to date and ready for future emergency situations