The Canadian Franchise Association (CFA) is providing regular Coronavirus (COVID-19) updates and resources for the CFA member community to stay informed and be prepared.
This page will be updated regularly and will be the best place to find the most current information.
Last Updated: March 27, 2020, 7:07 PM (ET)
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Business & CFA Resources The CFA community is here to support you through this difficult time. Our Business Continuity Resources and General Resource Materials provided by CFA and CFA members will help you navigate through these turbulent times.
Navigating Through Turbulent Times Webinars On-Demand This webinar series is geared to provide information, education, and support through these turbulent times. They are made available here so that you can refer to them anytime and anywhere.
To support the Canadian franchise community through these turbulent times, we are hosting webinars to provide guidance and advice on how to lead your brand and your business through difficult times.
Navigating Rent & Leasing Challenges During COVID-19 Pandemic
DATE: March 30, 2020 TIME: 2 p.m. ET MODERATOR: Sherry McNeil SPEAKERS: David George, DEG Consulting; Michael Calderone, Urban Reform Realty Inc.; Clark Harrop, Dale & Lessmann LLP; Ken Otto, RedBerry Restaurants.
DESCRIPTION: This webinar will provide you with an overview of the impact of the rapidly-changing COVID-19 situation on rent and lease agreements. Topics covered in this webinar include potential government actions impacting commercial leases, rent deferral vs rent abatement, the force majeure clause and “frustration”, lease extensions and potential impacts on a rent relief period, how making changes to the lease can affect the franchise agreement and how to approach your landlord. It will also provide you with the opportunity to ask questions to real estate and leasing experts with panel including real estate broker, lawyer, multi-unit franchisee and franchisor.
DATE: March 31, 2020 TIME: 2 p.m. ET MODERATOR: John Dehart, LIVE WELL Exercise Clinic SPEAKERS: Lawrence Eade, Caffe Artigiano; Ken LeBlanc, PropertyGuys.com; Karen Sergeant, Fasken
DESCRIPTION: The COVID-19 pandemic has created unprecedented adverse conditions for businesses. As business leaders, we are currently faced with hard decisions to ensure the survival of our brands through the coming weeks and months. Laying off staff is among one of the most difficult and painful decisions business owners need to make. How do you decide who stays and who goes? And how to you decide – and communicate – what is best for the company? This webinar will also provide you with the opportunity to ask your questions about how to manage layoffs to a panel of experienced franchise experts.
Managing Budgets and Cash Flow During COVID-19 Pandemic (for Franchisors)
DATE: April 1, 2020 TIME: 2 p.m. ET MODERATOR: Lyn Little, BDO Canada LLP SPEAKERS: Clark Lonergan, BDO Canada LLP; additional panelists TBC
DESCRIPTION: 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, experts in financial recovery will walk you through the steps to prepare and appropriately respond to the business impacts of COVID-19. You will learn best practices in creating efficient budgets, managing cash flow and producing financial models with the current economic turbulence. Gain advice and insights to support your franchisees as they navigate the challenges brought on by COVID-19.
How to protect and strengthen your brand’s reputation when crisis hits
DATE: April 2, 2020 TIME: 2 p.m. ET SPEAKERS: Lisa Raffaele, Vice President, Fishman Canada Inc.; additional panelists TBC.
DESCRIPTION: This webinar will explore communications skill-building techniques to help manage crisis when it happens, as well as sustain and protect brand reputation. We’ll be answering questions about how to craft a statement and learn how to pivot your message in an fast-changing situation. Learn practical skills to grow the tools in your franchise communications toolkit to be prepared for crisis before, during and after COVID-19 in order to strengthen your franchise.
Managing Budgets and Cash Flow During COVID-19 Pandemic (for Franchisees)
DATE: April 3, 2020 TIME: 2 p.m. ET MODERATOR: Lyn Little, BDO Canada LLP SPEAKERS: Clark Lonergan, BDO Canada LLP; additional panelists TBC
DESCRIPTION: The road to financial recovery may seem uncertain for franchisees during COVID-19. Many are struggling due to depressed sales and concerns around their employee's health and well-being. Some have halted their operations. In this webinar, listen and engage with experts in financial recovery as they discuss strategies you can implement now and over the coming weeks and months to proactively plan and manage budgets and cash flows to overcome the hurdles associated with COVID-19.
DISCLAIMER: The opinions or viewpoints expressed herein do not necessarily reflect those of the Canadian Franchise Association (CFA). Where materials and content were prepared by persons and/or entities other than the CFA, the said other persons and/or entities are solely responsible for their content. The information provided herein is intended only as general information that may or may not reflect the most current developments. The mention of particular companies or individuals does not represent an endorsement by the CFA. Information on legal matters should not be construed as legal advice. Although professionals may prepare these materials or be quoted in them, this information should not be used as a substitute for professional services. If legal or other professional advice is required, the services of a professional should be sought.
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