Franchising is often the most cost effective and widely endorsed business growth strategy for SMEs. Notwithstanding, it is not a
Having a successful business model is only the start. In order to decide whether franchising as a growth strategy is
There are almost 10,000 franchise brands across the globe and international franchising is growing. With over 73,000 franchise units in
Franchising, as a business model, has proven to be enormously successful across the globe and particularly in Australia where, according
As you may be aware some countries have specific legislation that regulate the way parties must conduct themselves and their
Many disputes between franchisors and franchisees occur due to the lack of communication between the parties or differing expectations. Where
A good business idea is simply that. In order for a business to be successful with franchising, the business will
The cost of developing a franchise ranges dramatically depending on the nature of the business, size of the project and
For most franchisees, the decision to join a franchise network is one of the biggest decisions they will make in
It is often said that parties must “act in good faith” when they are doing business together. What is meant
In simple terms, a franchisor must give a prospective franchise buyer all of the information required to make a
As most people in the franchising sector will no doubt be aware, the Franchising Code of Conduct has recently been