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.
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 […]
It struck me on the weekend while watching the footy that there are a lot of things we as business people can learn from elite athletes.
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?
Deciding to bite the bullet and start a business is really only half of the first step – the other half is deciding whether you want to go it alone, or purchase a franchise.
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.
