FranConnect Webinar Library

Webinar: State of Franchising August 2020┃FranConnect

Written by FranConnect | Aug 27, 2020 6:46:31 AM

Earlier this month we completed a survey of 200+ Franchisors to gauge the current state of the industry relative to the impact of the pandemic. Participants provided insight into a wide variety of critical topics, ranging from development to unit operations to core financials such as cash flow. The results of the survey can help franchisors understand how they compare to peers across the spectrum and within their industries and make planning decisions accordingly.

View this recorded webinar to analyze and interpret the findings. Just a few of the topics we covered:

  • How long businesses expect it will take to return to normal operations, sales and growth
  • Breakdown of business unit closures and expectations around further closures
  • The state of new franchise sales relative to expectations pre-COVID
  • Which types of franchisors are extending royalty forgiveness or deferrals