TL;DR
Robert Needham discusses how franchise businesses can plan their post-COVID recovery, including predicting shopping habits and retail adjustments. Needham recommends existing franchise businesses work closely with their franchisor to move forward.
Robert Needham of Dr. Needham's Franchise Teachings specializes in helping people “solve the Puzzle of Buying a Franchise.” With decades of experience, his online course helps lay out different suggestions that people should consider when looking for the best franchise for their skillset, goals, interests and lifestyle.
In an interview with 1851 Franchise’s Lauren Turner, Needham discusses what brands he believes will thrive post-COVID. Needham also predicts how shopping habits will change in the future, how retail will adjust their layouts and why landlords will likely be more open to working with business owners and changing how leases look.
For existing franchise businesses, Needham recommends working closely with the franchisor on a plan to move forward. During this uncertain time, Needham hopes that more franchisee-franchisor relationships are strengthened with everyone working together for the greater good of the brand.
In this story
This story was originally published in 1851 Franchise on May 28, 2020. Burnaze summarizes and links to the original reporting.
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