During an election year, uncertainty looms large for franchisees due to potential changes in regulations, consumer behavior, and the economy. A change in administration can lead to policy reforms impacting tax laws, labor regulations, and healthcare policies.
Franchisees need to assess potential impact areas like taxation, employment regulations, supply chain, and consumer demand to anticipate challenges and opportunities. Conducting reviews of tax liabilities, supply chain processes, and customer preferences is crucial for preparedness.
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