How Much Autonomy Do Franchisees Have In Operating Their Business?
One of the disadvantages of buying a franchise is the lack of independence or autonomy in operating...
Transactional work involves preparing a disclosure document, franchise agreement and other supporting documents when granting a franchise to an individual franchisee.
The Franchising Code of Conduct (Franchising Code) sets out a specific process that must be followed when entering into a franchise agreement.
At least 14 days before a franchisee enters into, renews or extends a franchise agreement or pays a non-refundable deposit in relation to a franchise agreement, a franchisor must give the franchisee:
We:
In addition to the disclosure document package we will prepare any related documents required such as premises licences or step in deeds.
We have undertaken large volumes of transactional work for 35 years. We have streamlined processes in place to ensure that the work is completed efficiently, but more importantly we ensure that the documents are compliant, so that you have peace of mind.
One of the disadvantages of buying a franchise is the lack of independence or autonomy in operating...
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