The Federal Government has substantially changed the Information Statement to be provided to prospective franchisees as part of the pre-disclosure process. It has also clarified that the Information Statement must be given before the other documents given to a prospective franchisee (14 days before a prospective franchisee enters into a franchise agreement).
3 min read
Franchising Code Amendments - Information Statement
Topics: Franchising For Franchisors For Franchisees
6 min read
Franchising Code Amendments - termination
The Franchising Code of Conduct (the Franchising Code) was amended on 1 June 2021, with most amendments applying from 1 July 2021, including the Exit and Termination amendments.
Topics: Franchising For Franchisors For Franchisees
3 min read
What is a restraint of trade clause?
A restraint of trade clause is a clause which is included in an agreement typically to stop someone from competing or using confidential information.
Topics: Franchising
2 min read
Unfair Contract terms in Franchising
A recent court enforceable undertaking given to the ACCC by Back in Motion Physiotherapy Pty Ltd (Back in Motion) has served as a reminder to ensure that franchise agreements do not contain unfair contract terms.
Topics: Franchising For Franchisors For Franchisees
4 min read
Building a Successful Franchise Business
If you are considering franchising your business or you are already a franchisor, we have set out some important considerations to building a successful franchise business.
