It has come to our attention that many franchisor's are not aware of the new Franchising Code of Conduct or the requirements upon them to update their disclosure document. If you are one of these franchisors it is not too late. In fact you need to take action now to ensure you are complying with your obligations. a failure to comply with your obligations may lead to a penalty, ACCC audit, ACCC proceedings against you and so on. You should seek urgent specialist franchis...

Franchisors tend to be an entrepreneurial lot.  Generally the very nature of franchising a business is entrepreneurial in itself.  However, creating the concept of the business, establishing the business and making the business work (more often than not from an innovative idea in the first place) is often where the true entrepreneurship starts. A franchise is a very personal thing to its founder.  The franchisor is very proud and very protective of his or her creatio...