As a result of the current shift in how people live, work, and play, franchisors and franchisees face new challenges to their business model. These pressures, in addition to higher interest rates and the ending of COVID-related relief from Federal and State governments, have increased the financial strain on all levels of franchise systems. The linked guide provides an in-depth analysis of the various challenges and tools that may be available to franchisors, franchisees, and lenders to address this new economic environment.
The foregoing has been prepared for the general information of clients and friends of the firm. It is not meant to provide legal advice with respect to any specific matter and should not be acted upon without professional counsel. If you have any questions or require any further information regarding these or other related matters, please contact your regular Nixon Peabody LLP representative. This material may be considered advertising under certain rules of professional conduct.
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