If you’re buying a franchise – particularly for the first time – getting a complete understanding of the start-up and operating costs is essential. The Australian Competition and Consumer Commission (ACCC) is responsible for regulating the Franchising Code of Conduct and provides guidance to prospective franchisees. The Franchising Code requires franchisors to give current information… Continue reading Buying a franchise? If it doesn’t add up, don’t sign up.
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Categories: Business and Management|Legals
8 Top Tips for Selling Your Franchised Business: A Franchisee Guide
8 Top Tips for Selling Your Franchised Business: A Franchisee Guide It might sound strange, but you should begin to consider what the process of selling your franchise business will be like before you buy it! Seriously, becoming a business owner should include the forward planning that considers how long you will need to be… Continue reading 8 Top Tips for Selling Your Franchised Business: A Franchisee Guide
Don’t Get Caught Out By The Renewal Process
Don’t Get Caught Out By The Renewal Process Most Franchise Agreements are for fixed terms. This fact is often overlooked by excited franchisees going into a new business venture. Franchise agreements “do not run for infinity and beyond” and the renewal or extension of a franchise agreement is not always a given. Some franchise agreements… Continue reading Don’t Get Caught Out By The Renewal Process
Protecting Your Workers – And You!
Protecting Your Workers – And You! Opening and operating a franchise is an exciting and opportunistic time, for both franchisor and franchisee. But it’s important to remember you have responsibilities and obligations to meet to ensure your workers are protected if they have an accident or become ill as a result of their work. You… Continue reading Protecting Your Workers – And You!
A Changing Employment Landscape For Retail Franchises – ARA Article
This article appeared in Issue 3#4 (May/June 2009) of Business Franchise Australia & New Zealand ARA Executive Director reflects on recent changes within the employment market, how this is affecting retail franchises and what businesses can do to adapt to this change. The Australian industrial relations landscape is in a period of significant metamorphosis, prompting… Continue reading A Changing Employment Landscape For Retail Franchises – ARA Article