As with all businesses, franchise systems are dealing with challenges from COVID-19 that are new and unexpected.
In light of the COVID-19 outbreak, Barberitos has launched several initiatives for its franchisees to provide financial relief and to assist in keeping their locations
Qdoba has opted to postpone 380-plus small business owners’ weekly royalty payments to provide immediate financial relief in the midst of COVID-19.
Subway, the world’s largest restaurant chain, said in a statement that it would reduce royalty payments by 50 percent for franchisees.
McDonald’s, one of the largest franchisors in the world, is considering rent deferrals for its operators amid the coronavirus outbreak.
Mountain Mike’s Pizza has a goal to become one of the premier pizza franchises in the country.
Greek from Greece (GFG) Bakery-Café has finalized a deal to open its first franchise location.