Becoming one of the first Australian franchisees of a successful international brand is an immensely exciting prospect.

The more time you spend on understanding market trends and business potential, the more confident you will be in your choice of franchise.

The renewal or extension of a franchise agreement, is an important right and greatly impacts on the franchisor and franchisee in different ways.

What franchisors need to consider structurally about the site selection strategy.

Buying a franchise is both a major investment and a huge llifestyle step to take so getting advice from professionals makes sense.

Buy a franchise and you’ll be signing up to operate a business for a set period. How does it work?

Weighing up the pros and cons of releasing equity in your business to a venture capital partner or taking the franchise route to business expansion.

When considering buying a franchised business, a partnership might be the legal vessel through which you decide to do so. There are both positive and negative factors you must evaluate when deciding whether a partnership is a more appropriate business structure than, for example, a company, a family or unit trust or a sole trader.

So, you’re buying a franchise and have just received the franchise agreement from the franchisor. You may be overwhelmed by the volume of the agreement alone (not to mention all the other documents).

Managing your payroll can be a mine field and daunting for new business owners. If you speak to any seasoned payroll officer, they’ll tell you that they receive no complaints when things are going well, but it can be a very different story when mistakes are made.

Franchising is a system of doing business. As a franchisor, you have achieved a proven system for success through your brand and product consistency, and you have opted to duplicate that system by franchising.

Let me first describe what an operations manual looked like when I first started in franchising and then later when I started writing operation manuals.