If you invest in a franchise you will be part of a significant Australian business sector: franchising comprises 1120 brands and in 2016 it contributed $146bn of sales revenue to the Australian economy, an increase of $2bn over two years.
The Franchising Australia 2016 survey showed the total number of people directly employed in business format franchising in Australia had reached 472,000 permanent, part-time and casual employees, up from 461,000 in 2014.
It comes with its own mandatory regulations, the Franchising Code of Conduct, which governs the behaviours and processes of the franchisor/franchisee and is administered by the Australian Competition and Consumer Commission.
Globally, the sector is regarded as highly regulated, but it’s also a continually popular method of business growth and individual empowerment. Alongside New Zealand, Australia has the greatest number of franchises per capita.
So how do you find out more?
A series of franchising expos takes place across the country every year, and coming up next is Queensland’s opportunity to discover more about the franchise model.
The Brisbane Franchising & Business Opportunities Expo follows a successful format – a line-up of varied branded opportunities, industry experts on hand to offer advice, and a program of free seminars that unpack some of the complexities of franchising.
Will we see you at the show? Make sure you start your visit with a little advice from the Franchise Council of Australia, then pop in to the neighbouring stand to say hello to the Inside Franchise Business team.
Don’t miss the franchising weekend – the expo is on for just two days.
When:
- Saturday July 22, 10am to 5pm
- Sunday July 23, 10am to 5pm
Where:
- Brisbane Convention & Exhibition Centre
- Hall 1
- Corner of Merivale & Glenelg Street, South Bank
Get your tickets online and use the code FMG.