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Is your business Franchisable

Franchising is one of the most cost-effective ways to expand a business while still maintaining good returns from it. However, before jumping in, you must take a few factors into consideration before setting up a franchise. In Australia, franchises are regulated by the Australian Consumer and Competition Commission (ACCC) under the Code, the Franchising Code of Conduct.

 

Before franchising, you must consider the advantages of franchising your business and if the business structure is suitable to franchise. Testing out a franchise system with a few initial outlets before you recruit franchisees and conducting a feasibility assessment are …

Annual Disclosure Document Update

As spring is upon us once again, now is the time to review your Disclosure Document as well as your: franchise systems, procedures and documentation.

 

The following sections of the Disclosure will need your particular attention:

List of current franchisees in clauses 6.1 to 6.3
Numbers of any transfers, terminations, or non-renewals in clause 6.4. Note that you will need to delete the 2015 column and add a 2018 column so that you have FY15, FY16 and FY17 data
Contact details of any franchisees in relation to the above events, in clause 6.5
please review the payments listed in clause 14 …

Our Clients Say

  • PappaRich has engaged Franchise Legal services for the past 6 years. Throughout the years, Ilya’s advice has helped the company to strengthen our internal franchise process. PappaRich is satisfied with the services provided by Ilya and will continue to recommend Franchise Legal to anyone who is looking for an expert in franchise law.

    Lee Jian Hui

    PappaRich Australia Pty Ltd

  • We are very happy with the service at Franchise Legal. They are always available to talk and offer support on a range of different issues when we need them. It's important to have confidence and trust in the people that advise you and we have a lot of confidence in Franchise Legal.

    Damian Hopper

    Bubba Pizza

  • I would highly recommend Franchise Legal, their efficient, personable and proven performance on all legal franchise matters has helped us grow our brand across Australia.

    Sandro Bertolacci

    Air Coat Australia