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WHAT MAKES FRANCHISES FLOURISH DESPITE UNCERTAIN TIMES


Hi there,

I was always in favour of buying a franchise, but my father never agreed. However, when his business started dwindling during the pandemic, he agreed. We purchased a franchise and got all the support that we lacked while we were operating independently. All the franchisees in the network and the franchisor pooled in their cash to continue with the marketing efforts at national level which benefitted everyone. The franchisor also deferred rent and royalty payments to help us with the struggle. It was easier because of the support. Otherwise, we would not have been able to survive. Here is an article that will tell you what makes franchises flourish despite uncertain times.



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