Although franchising as a business model didn’t become a major trend in Australia until the 1970s, it didn’t take long for that trend to grow roots and turn into something more—a tradition.
Half a century on, and franchising is now the norm; according to the 2016 Franchising Australia survey, there are currently more than 1,100 franchise systems and approximately 79,000 franchise units in Australia, contributing on average $144 billion to the Australian economy each year and generating almost half a million jobs.