Covid-19 Pandemic

Covid-19 Pandemic will fast track the demise of the dodgy franchise systems?

Sadly, Many franchisees will go down with the systems.

Robert James and James Home Services: The banks will take the franchisees home and assets, while the franchisor will exit stage left.

Before the outbreak, the franchise sector was in a downward spiral.

Dropping by 10% each year, conflicting with the rapid growth of the start-up independent businesses

Franchisors were struggling to sell franchises. Franchisees were struggling.

No one could have predicted this event.

Pressure brings out the true colours of the leadership, and cracks in the systems become even more apparent.

Systems reliving on income from franchise sales are doomed. Franchise sales are going to close to zero?

Systems that were fundamentally flawed, those flaws will be sinking the franchisees business and will take the franchisor with them eventually.

Robert James and James Home Services: Systems top-heavy with Master Franchisors will not be lean enough to get through the tough times ahead. Masters are a speed bump that slows the evolution of systems needed in a rapidly changing marketplace.

Only the best Franchisors will survive.

McDonald’s is demonstrating why they are a clear leader in the world of franchising.

The weekly reinvention of the systems to keep up with the unpredictable is impressive.

We can buy our milk and eggs with our coffee through the Maccas drive-through! Great idea McDonald’s.

Originally Posted: http://www.robertjameshomeservices.com/covid-19-pandemic/