Franchising in the USA and the world has not avoided being affected by COVID-19. The predictions that the coming winter months will see a rise in COVID-19 cases appear to be true. Therefore, it is wise to make sure what kind of protections a franchisee has in their franchise agreement or commercial lease if there are lockdown measures put into place.
A franchise attorney can help you negotiate with your franchisor and landlord some interim measure if COVID significantly impacts your business.
Furthermore, the franchise attorney will be able to review your franchise agreement and lease agreement and tell you what potential problems you may need to be prepared for. For instance, does your lease agreement or franchise agreement have a force majeure clause? If yes, how is it worded? What protections does the local, state, and federal law provide your particular franchise? These are essential questions to answer before a crisis hits your franchise.
For advice on how the COVID-19 can affect your franchise in the next couple of months, contact franchise attorney Mario Herman so that he can assist you in determining what kind of protection you are afforded in your franchise agreement and commercial lease.