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How to Get Out of a Franchise Agreement

Posted by Elizabeth Gore-Jones on 16 November 2023
A Franchise Agreement is a binding agreement for a particular term. The term of most Franchise Agreements is somewhere between three to 10 years, with the average being around a five-year term. As with any other binding contract, a Franchise Agreement will bind the Franchisee for the whole of the term. Below are some methods a franchisee may employ to end a franchise agreement early: 1.        COOLING-OFF PERIOD After a Franchisee enters into a Franchise Agreement, the...
Posted in:BusinessNewsFranchisee  

National Franchise Disclosure Register 2023 Update

Posted by Elizabeth Gore-Jones on 10 November 2023

If you are a franchisor, you need to update your National Franchise Disclosure Register information by no later than 14 November 2023. 

We are able to assist you in this regard.

Posted in:BusinessNewsFranchisor  

Beware the Unfair Contract Terms Legislation: Is Your Business Prepared for It?

Posted by Elizabeth Gore-Jones on 9 November 2023

The Unfair Contract Terms Legislation is set to take effect on 10 November 2023.

It is a significant legal change impacting businesses of all sizes and industries.

If you use standard contracts you need to have them reviewed.

Penalties of up to $50 million can apply.

We can review your contracts for a fixed fee.

Click here for a quote.

Posted in:BusinessNewsFranchisor  

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ACCC Rejects Bakers Delight's Price Tiering Proposal in New Point-Of-Sale System

May 10 2024
On 14 March 2024, the ACCC issued a final decision refusing authorization for Bakers Delight Holdings Ltd to introduce a price tiering structure for a selection of promotional items within its new point-of-sale system. Promotional discounts play ...

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