Costs hidden from potential franchisees

By Loren Webb · 27 August 2019 · News

Costs hidden from potential franchisees

Franchise Deception Exposed

Food franchisees are being misled about the true costs of business ownership. But what secrets are being kept from you, and how can you protect yourself?

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Summary

Would-be food franchisees are not being given the full picture before they buy into a business, with several franchisors withholding important details including the contact information of former franchisees. The ACCC has also found food franchisors were consistently failing to disclose key unavoidable ongoing costs, such as wages, rent or inventory, and were not detailing which […]