COVID-19 and franchisors
Franchisors are faced with the duel pressures of managing their own businesses, which are in part dependent on the success of their network of franchisees.
A franchisor’s ability to support its network through the immediate effects of retail closures, travel restrictions and physical distancing, and plan for their emergence post-COVID-19, are critical to survival and success. The Consumer Markets & Franchising team is here to help – we are working closely with experts throughout the firm to assist our clients to navigate issues such as negotiations with landlords, workforce management, debt restructuring and franchisee management – all with an eye to success in the post COVID-19 world.
Franchisors: Planning for COVID-19
What strategic steps could franchisors consider enacting to buffer, as much as is possible, their network and their own businesses, from the worst effects of COVID-19? We have set out below some of the action our clients are taking in the face of the unprecedented economic conditions.
COVID-19 and premises and forced business closures – how to deal with the process and the aftermath?
A critical and pressing issue for those businesses with a ‘bricks-and-mortar’ presence is: How do I prepare for, survive and implement a forced shutdown? and What if I need to shut down my network in advance of a government directive to do so?
Navigating business closures in COVID-19
The Consumer Markets & Franchising team have put together a factsheet summarising critical issues currently facing franchisors that have been created by the COVID-19 pandemic – especially in the face of retail closures.
Virtual meetings for companies under the Corporations Act 2001 (Cth) and Australian Charities and Not-for-profits Commission (ACNC) registered charities
By Geoff Musgrove & Benita Williams
Updates to virtual meetings for companies and registered charities under the Corporations Act 2001 (Cth).
Before and after the proposed changes to the Franchising Code of Conduct
On 10 November 2020, the Commonwealth Government released for public comment, the draft regulations it proposes will...
Long service portability in the Community Services Sector – an update
Scope and interpretation of the Long Service Benefits Portability Interim Regulations 2019