How franchises can manage budgets and cash flow during COVID-19

April 21, 2020

Retail franchises are facing unprecedented challenges due to the novel coronavirus (COVID-19) pandemic. Franchisors and franchisees alike are searching for solutions to proactively manage the disruption to their business.

In a webinar series hosted by the Canadian Franchise Association (CFA), BDO franchise advisors Lyn Little and Clark Lonergan provide actionable steps business owners can take today to help them overcome the hurdles of economic volatility.

For franchisors

Are you struggling to work through the next steps of financial recovery for yourself and your franchisees in the wake of COVID-19?

In this webinar you will learn best practices for creating efficient budgets, managing cash flow, and producing financial models with the current economic turbulence. Get advice and insights to support your franchisees as they navigate the challenges brought on by COVID-19.

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For franchisees

The road to financial recovery may seem uncertain for franchisees during COVID-19. Many are struggling due to depressed sales and concerns for their employees’ health and well-being. Some have halted their operations.

In this webinar, learn from professionals in financial recovery as they discuss strategies to proactively plan and manage budgets and cash flows, to help you overcome the challenges associated with COVID-19.

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