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Why Notices to Remedy Breach are Not all Bad

Posted by Elizabeth Gore-Jones on 4 September 2019
Elizabeth Gore-Jones will be presenting at the First Class Accounts franchise conference on the Gold Coast on 6 September 2019. Elizabeth will be explaining: 1. how Notices to Remedy Breach work 2. what to do if you are a franchisee and receive a Notice to Remedy Breach 3. Common reasons for the issuing of a Notice to Remedy Breach 4. What happens if you do not remedy the Breach and finally, Why Notices to Remedy Breach are a good thing! Keep an eye out, we will be sharing som...
Posted in: Business Franchisee Franchisor  

Key Learnings from ACCC review of food franchisor disclosure

Posted by Elizabeth Gore-Jones on 29 August 2019
In August 2019 the ACCC released its review of the disclosure practices of food franchisors*. The review found that the majority of franchisors: 1. made it too difficult to contact past franchisees. Most mobile phone numbers and email addresses of past franchisees were not disclosed Only providing contact details for the former franchise location is unlikely to comply with the Franchising Code of Conduct requirements when the former franchisee cannot be contacted there. 2. did not a...
Posted in: Business News Franchisee Franchisor  

7 Essential Steps to Selling Your Business

Posted by Elizabeth Gore-Jones on 27 August 2019
So you want to sell your business? Follow these 7 essential steps in selling your business: 1. Get the price right - if you are asking too much you won't get interest.  If you are asking too little you won't be compensated for all of the sweat, tears, money, risk and everything else you have invested over the years.  Speak to your accountant and speak to a business broker.  They will be able to give you guidance in getting the price right.  But as we all know...
Posted in: Business Franchisee Franchisor  

latest news

Bob Jane Corp Failure to Comply with Code

May 01 2020
The Franchising Code of Conduct requires that a franchisor advise a franchisee in writing at least 6 months before the end of the franchise term whether or not the franchisor intends to renew or extend the franchise agreement. A failure to com...

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