You may remember applying for an Australian business number (ABN) when you set up your franchise. For many franchisees, getting an ABN is the first interaction with the Australian Tax and Super systems as a business.
When it comes to applying for and receiving an ABN, there are obligations – the fine print – that applicants agree to which explains exactly what they are getting into. I know we lead busy lives and often don’t have the time to read the long legal documents that seem to come with anything and everything these days. I am personally guilty of this, in particular when I sign up to something online.
TRUSTED GLOBALLY FOR OVER 30 YEARS IN FRANCHISING
Six Myths About Having an ABN
Emma Rosenzweig is responsible for the Australian Business Register and is passionate about improving the registration experience, and improving the quality and currency of the data held on the ABR.