Franchising
There will be expectations that are unique to each industry, however, when buying into an existing franchise franchisees can expect to receive expert assistance from franchisors in a range of areas relevant to their business.
The Abbott Government has released an updated Franchising Code of Conduct, which Small Business Minister Bruce Billson says will save the sector an estimated $8.6 million per year.
For those who have long desired to make their own pizza toppings, there is a new mobile application allowing customers to design and market new pizzas while keeping a slice of the profits.
Franchisors work hard to develop their business model into a format that can be easily replicated. To build an exceptional franchise brand, franchisors are looking for exceptional people to join their team.
With the franchise industry contributing an estimated $131 billion to the Australian economy, it is fast becoming a mature sector with many small to medium scale businesses utilising a franchise model as one of their key strategies for growth.
The Australian Competition and Consumer Commission (ACCC) now has further power to penalise business after the Coalition Government passed a new Franchising Code of Conduct.
It’s well known that a happy workplace is more productive, but it’s far easier said than done.
The government has moved to introduce fines for businesses that breach the soon to be updated Franchising Code of Conduct and reduce costly disputes in the sector. A bill introduced into the lower house last week strengthens the enforcement of the code and hands new powers to the competition watchdog. The code is currently being […]
The operators of two Melbourne restaurants have been fined $334,818 for trading the wages of teenage employees for soft drink and pizza. Federal Circuit Judge John O’Sullivan slammed the “dark ages” practice and noted that Tecoma man Ruby Chand, who owned both franchises, had a history of underpaying employees. The underpayments took place between 2009-2012 […]
Successful health food chain Sumo Salad will refurbish its stores across Australia over the next three years on the heels of the Tulla Group’s purchase of a 60 per cent stake in the business.
So you’ve decided to make the jump into the world of franchising… Now all you need to do is chose the perfect business from more than 1,300 franchise systems operating in Australia. Piece of cake, right?
The Australian Competition and Consumer Commission will be given more scope to punish fly-by-night franchise operations under new changes proposed by the government.
Krispy Kreme and Starbucks outlets may have dotted the streets of cities around Australia just a few years ago, but frozen yogurt has taken over.
It’s that time of year again: a challenge for anyone responsible for promoting their business and spreading goodwill among customers.
Hospitality product retailers believe that locally made products still reign supreme in the sector.
Multi-national sandwich franchise Subway has proposed a global challenge for aspiring franchisees.
In the search for a balanced life that matches ambition, flexibility and achievement, franchising keeps popping up and raising its hand for attention. And with good reason; many of the 73,000 current franchisees, who have helped build the franchise sector to the $131 billion contribution to the Australian economy,* signed up to enjoy financial gain, […]
The ACCC has announced that franchisors in the take-away food and fitness industries will be audited to ensure compliance with the Franchising Code of Conduct.
Five thousand would-be franchisees have registered for a free, online course developed by Griffith University’s Asia-Pacific Centre for Franchising Excellence.
When Rob Dallimore returned to Worldwide Printing Solutions as CEO in 2010, the business was in bad shape. Dynamic Business sat down with the CEO to find out how the business was turned around.
