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

April 21, 2020

NTL_RCB-Franchise_17Apr20_COVID_Franchise-Cashflow-Management_LandingPage_679x220.jpg

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.

WATCH NOW

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.

WATCH NOW

Previous Article
Cybersecurity in 2020: The risk for restaurants
Cybersecurity in 2020: The risk for restaurants

The restaurant industry faces cybersecurity risks—learn how to manage it and protect your restaurant.

Next Article
Top 5 tips to increase your franchise restaurant’s profits
Top 5 tips to increase your franchise restaurant’s profits

There are five areas to focus on when looking to improve profitability.

×

Worried about your profitability and operations? We publish regular content to keep you informed. Subscribe now

Opt In - I agree to receive marketing communications from BDO Canada. You may withdraw your consent.
Thank you!
Error - something went wrong!