Amie

Franchisor financial pressure impacts on franchisees

Franchisor financial pressure impacts on franchisees Media reports this week that Retail Food Group (RFG), an owner of major national franchise chains such as Gloria Jeans and Michel’s Patisserie, is facing financial difficulties, is a reminder that major franchise chains are not immune from financial difficulties that may impact franchisees. Owning well recognised franchise brands […]

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Fine tuning franchising code compliance

Franchisee / Amie

Fine tuning franchising code compliance The recent commencement of legal proceedings by the Australian Competition & Consumer Commission in the Federal Court of Australia against Australia’s second largest motor repair organisation, Ultra Tune, for failing to provide marketing fund financial statements and auditor’s reports to franchisees follows soon after the recent fine imposed on Domino’s

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Where lies the risk of franchisee underpayment of employees?

Franchisee / Amie

Where lies the risk of franchisee underpayment of employees? Recent events and developments arising from franchisee underpayment of employees should focus the attention of franchisors on whether the risk of penalties or damages may fall on the franchisor or the franchisee or both parties to a franchise agreement. Recent media reports that Caltex Australia has

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The risk of franchise business failure

Franchisee / Amie

Franchisor Insolvency – It may happen The recent newspaper reports of the closure of two franchised Brumby’s bakery stores in Gladstone and two franchised Brumby’s bakery stores in Rockhampton show that the acquisition and ownership of franchise businesses, even well-known franchise businesses, and the ownership of multiple franchises, is no guarantee of business success and

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Franchisor Insolvency – It may happen

Franchisee / Amie

The risk of franchise business failure Before signing a franchise agreement a person thinking about buying a franchise should consider the risk of the franchisor becoming insolvent during the term of the franchise agreement. The recent placing into administration for unpaid debts of such a high profile franchisor as the Eagle Boys franchisor shows that even franchise

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5 things you need to know about the small business unfair contract terms

Business Law / Amie

5 things you need to know about the small business unfair contract terms The unfair contract terms provisions of the Competition and Consumer Act 2010 (Cth) currently protect consumers from unfair terms of standard form contracts. From 12 November this year, those provisions will be extended to small businesses. So, here is a lowdown on

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No exit for franchisees

Business Law, Franchisee / Amie

No exit for franchisees As unlikely as it may seem, a case between competitor franchisors emphasises yet again the difficulty of franchisees seeking an early exit from a franchise agreement without the consent of the franchisor. It is not something that an existing franchisee should attempt before seeking legal advice from an experienced business or

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Protecting your personal assets

Franchisee / Amie

Protecting your personal assets Acquiring a franchised business, whether it is a new business or purchasing an existing franchise, is an expensive step that requires you as a prospective franchisee to consider many matters. Recognising that you understand that there is risk in starting or buying any business, including a franchised business, you need to

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Buying a franchise – Why obtain legal advice?

Franchisee / Amie

Buying a franchise – Why obtain legal advice? Buying a franchise is one way to acquire or start a business, which is one of the most important decisions you will make in your life. Most people realise that there are significant financial risks in starting or buying a business. There is also a personal cost

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Franchising FAQ

Franchisee / Amie

Franchising FAQ I’m buying a franchise. Do I need to worry about the structure I use to own & operate the franchise? A franchise is one way of running a business but like any business you need to consider the structure you use to acquire and operate the business. You may use a company, a

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Franchisor financial pressure impacts on franchisees

Fine tuning franchising code compliance

Where lies the risk of franchisee underpayment of employees?

The risk of franchise business failure

Franchisor Insolvency – It may happen

5 things you need to know about the small business unfair contract terms

No exit for franchisees

Protecting your personal assets

Buying a franchise – Why obtain legal advice?

Franchising FAQ

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