What is it about franchising that makes it a success, and why could it be the right business model for you?
This week franchisors will be liable for franchisee employees – the Fair Work Act amendments are enforceable from October 28, 2017.
When you invest in a franchise, you’ll be paying a franchise fee. So how can you tell if you are getting value for money?
Sometimes, an inexperienced franchisee may approach a franchisor and ask for assistance creating a business plan. However, it is important for franchisors to understand the risks associated with providing this level of guidance.
I’ve just returned from the National Franchise Convention at the Royal Pines on the Gold Coast. If you’ve stayed there you’ll know each elevator has a comfortable leather seat at the back. It’s an unusual but nice touch.
Prospective franchisees aren’t always best placed to take on a franchise immediately, or perhaps the right location is not available
Nearly all franchise agreements are for fixed terms. This common aspect of franchising is often taken for granted by the excited franchisee going into a new business venture.
Natalie Brennan is among the 16.3 per cent of women who head up Australian businesses.
There are six simple steps to follow if you’re planning to buy a franchise, write Luke McKavanagh and Peter Rouse of Rouse Lawyers.
Are you doing your due diligence when buying your business?
New regulations have increased liability for franchisors in some circumstances. While that might be scary, feigning ignorance of serious poor payroll practices is not the answer.
Franchisors may be liable for underpayments by franchisees: what to watch out for.