Last week while I was busy ensuring that our franchisor clients had updated their profile on the Franchise Disclosure Register, the Federal Government released its consultation paper on a licensing regime for the franchising sector.
7 min read
Licensing Regime for Franchising in Australia
By Ana Haarsma on Nov 19, 2024 12:55:03 PM
Topics: Featured Franchising For Franchisors For Franchisees Franchise My Business
9 min read
Understanding Franchise Disclosure Documents: A Comprehensive Guide
By Ana Haarsma on Feb 20, 2024 10:52:38 AM
In this guide we consider the franchise disclosure document, the importance of franchise disclosure document compliance, and best practices to ensure compliance as a franchisor in Australia.
1- The Importance of Franchise Disclosure Documents
2 - Key Components of Franchise Disclosure Documents
3 - Common Disclosure Document Issues for Australian Franchisors
4 - Best Practices for Franchise Disclosure Document Management
Topics: Franchising For Franchisors Franchise My Business Compliance
5 min read
Legal Requirements To Franchise Your Business
By Stephen Haarsma on Nov 16, 2023 9:57:39 AM
The franchising sector in Australia has approximately 1,144 franchise systems and approximately 70,735 franchisees.1
One of the questions I'm asked, when talking to people about franchising their business, is, "what are the legal requirements?".
What I tell them, is that, unfortunately, franchising is legally complex and highly regulated.
I also talk about the many legal requirements that need to be complied with in order to successfully franchise your business. I discuss these requirements in more detail in the article below.
Guide to Franchising Your Business
Topics: Franchising For Franchisors Franchise My Business Compliance
6 min read
Disadvantages of Franchising - Loss of Control
By Ana Haarsma on Oct 6, 2023 12:13:23 PM
Topics: Featured Franchising For Franchisors Franchise My Business
12 min read
5 Strategies for Growing a Business
By Ana Haarsma on Jul 26, 2023 9:31:54 AM
The growth strategy for your business will ultimately be determined by the nature of your business and your business objectives. In this article, we have outlined 5 strategies for growing a business in Australia.
1 - Understanding the Australian Business Landscape
2 - Building a Strong Brand Presence
3 - Marketing Effectively for Growth
4 - Product Development
5 - Licensing or Franchising
Topics: Featured For Franchisors Branding Franchise My Business
6 min read
10 Steps to Start a Franchise Business
By Stephen Haarsma on Jun 13, 2023 12:06:47 PM
Topics: Featured For Franchisors Franchise My Business
6 min read
Significant Capital Expenditure - Updating Your Disclosure Document
By Ana Haarsma on Sep 30, 2022 1:41:50 PM
The Franchising Code of Conduct (the Franchising Code) was amended on 1 June 2021, with most amendments applying from 1 July 2021. Given it is the time of year when franchisors must update their disclosure documents, in this article we revisit the current Franchising Code requirements for Significant Capital Expenditure.
Topics: Brand Consistency For Franchisors Franchise My Business
5 min read
Can I Franchise My Business - Growth Strategy
By Ana Haarsma on Apr 28, 2021 9:19:16 PM
Topics: Featured For Franchisors Franchise My Business
8 min read
Can I Franchise my Business? - Financial Considerations
By Ana Haarsma on Apr 21, 2021 4:00:25 PM
In Part 1 of our series "Can I Franchise my Business?" I covered crucial factors such as branding, consistent business systems and maintaining uniformity.
Topics: Featured For Franchisors Franchise My Business
8 min read
Can I Franchise My Business? - Branding
By Ana Haarsma on Apr 21, 2021 8:03:36 AM
As a franchise lawyer, I see many people who are interested in using franchising as a growth strategy for their business. When discussing whether franchising is the right growth strategy for a business, one of the first topics I talk about is branding.
In this article, in addition to branding, I'll cover a number of initial factors that should be considered when assessing the possibility of franchising your business.
But first, I examine what franchising involves and how it can facilitate the growth of your business.