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Franchise and Business Expo

Posted by Elizabeth Gore-Jones on 2 June 2019
I jointly presented at the Franchise and Business Expo with Sarah Stowe, Editor of Inside Franchise Business today. We explained the following to prospective franchisees: 1. What they should be doing in the 14 day disclosure period.  This covered: call current franchisees and past franchisees and ask them about the business find a franchising lawyer find an accountant who understands franchises 2.what does it mean if a franchisor guarantees you a cert...
Posted in: Business News Franchisee Franchisor  

Call out for myths in buying a franchise

Posted by Elizabeth Gore-Jones on 27 May 2019
Sarah Stowe, editor of Inside Franchise Business, has kindly asked me to present the following topic with her at The Franchising and Small Business Expo in Brisbane Myth Busters - how to spot the fake facts in franchising - What you need to know before you buy
  We would love your ideas so that we can give the greatest benefit to attendees. Can you hit me with some myths commonly believed by franchise buyers? You can email me at egore-jones@thefranchiseandbusinesslaw...
Posted in: Business News Franchisee Franchisor  

Business Sales - Long Service Leave

Posted by Elizabeth Gore-Jones on 23 May 2019
This question comes up quite a lot in business sales. The buyer and seller often reach an agreement between themselves that an employee with accrued long service leave will be paid out at settlement. The aim is to start with a clean slate for the buyer when continuing the employment of that employee. Caution: It is only possible to cash out long service leave if the applicable employment award allows it. Worst case scenario: the employee has their long service leave paid ou...
Posted in: Business  

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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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