Franchising
Sectors
Expertise
Type
Order
Why AI-Generated Contracts Are Risky for Australian Businesses
Why Australian Businesses Should Avoid AI-Generated Contracts Australian businesses are increasingly turning to artificial intelligence tools like ChatGPT to draft contracts quickly and cost-effectively. While AI can produce a polished agreement in seconds, the convenience comes with significant risks. Legal professionals across Australia warn that these tools often fail to deliver enforceable, compliant, or even...
2025 Changes to the Franchise Code of Conduct: What You Need to Know
2025 Changes to the Franchise Code of Conduct: What You Need to Know The Franchise Code of Conduct has undergone significant updates in 2025, introducing new rules and protections for both franchisors and franchisees. These changes aim to create a fairer and more transparent franchising landscape in Australia. If you are part of a franchise...
Franchise costs and fees
How much does it cost to start a franchise Starting a franchise is a great way to get into running your own business, with an established brand that your customers are already familiar with. As part of the deal, the franchisor grants the franchisee certain rights, including using the brand name or trademark and the...
Changes to franchising
The Federal Government has recently announced its support for several recommendations made following the 2023 review of the Franchising Code of Conduct. New draft code coming in 2024 A new draft of the Franchising Code will be released later in 2024 and is expected to be implemented from April 2025. The Australian Competition and Consumer...
Buying a business in Australia: 3 hidden red flags you can’t afford...
Why buying a business in Australia requires due diligence One of the best financial decisions you can make is buying a business in Australia. After all, it’s a lot less stressful compared to starting a business from the ground up. There is already a set location, trained staff and most importantly, a client base already...
How do I turn my business into a franchise?
Franchising in Australia Franchising is a popular business model in Australia, where the franchisee buys the rights to operate a business using the name, brand, product and services of an already established business. In return, the franchisor provides resources and support to each of the franchisees. Planning to franchise your business Turning your business into...
Things to Consider When Selling Your Small Business
Are you planning on selling your small business soon? It may be hard to sell it quickly if you have no experience in this field. There are many things to consider when doing so, as you’ll want to get fair compensation for what you’ll be trading away. This article will run you through some tips...
Everything you need to know about joint ventures today
A joint venture agreement is a contract between two or more parties who agree to work together to achieve a common goal. The agreement sets out the roles and responsibilities of each party and the terms and conditions under which the joint venture will operate. It is important to have a joint venture agreement in...
What is the franchise code of conduct?
What is Franchising? Franchising is a popular business model that allows you to operate a business under the brand of another business. Famous examples of a franchise in Australia include Pool Werx, Muffin Break, and Jim’s Mowing. A franchisee is a sole trader, partnership or company which enters into an agreement with the franchisor. The...
Licence v franchise – what’s the difference?
Understanding Business Structures in Australia Two of the most common types of businesses in Australia are licensed businesses and a franchised business. But what’s the difference? Both models are business agreements in which certain aspects of the brand are shared in exchange for a fee. However, a franchising agreement covers a business’s entire brand and operations,...
Your obligations under the new franchise laws
New changes to franchising laws Franchising laws have changed again, and if you’re a franchise business owner it’s important you’re up to the date with the latest requirements. Introduction of the franchise disclosure register The government has introduced the online Franchise Disclosure Register, which is a database of franchisors’ disclosed information, which can be accessed...
Franchising: What is it and the Pros and Cons of Franchising
Are you planning on opening a franchise in Australia? If so, the chances are that you believe buying your own business is a safe way to get things started. However, you must be aware that there will be risks and challenges that you will face and must understand before you sign your name on the...