Seventy-one. That’s how many recommendations were made in the recent Parliamentary inquiry report into franchising. And sitting at over 350 pages, the report can be difficult (and time consuming!) to
Want to avoid costly franchisee legal mistakes? When you are assessing a franchise venture, you may find yourself looking at your potential expenses, searching for any opportunity to reduce costs.
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).
As a franchise buyer, you might feel like you’re drowning in documentation. At a minimum, you’ll receive a franchise agreement and disclosure document from the franchisor, and if the franchise operates from a fixed site, lease documents as well.
So, you’re considering appointing a master franchisee for your business. You might be looking to expand overseas, or simply don’t have the resources to expand your business across Australia.
If you’re considering buying a franchise, you’ve probably been given an overload of information from the franchisor and might even feel that you can wade through this information yourself.
With the new unfair contract term provisions in the Australian Consumer Law in full swing, here’s a snapshot of five things you need to know to avoid getting caught out.