How Can I Sell Part of My Business?
There are many ways to sell a business. In a typical scenario, an individual or company owns and wants to sell a cafe. The cafe is the only business that they own, and the sale will involve selling the entire…
How are Franchising Fees Calculated?
Franchise fees vary between franchises. There are often discrepancies between: what franchisors will expect their franchisees to pay; and the process for the calculation of fees. Franchisors will generally request payment for allowing you to use their intellectual property and…
Can You Terminate a Franchise Agreement if You’re Losing Money?
Once you have invested time and money into your franchise, it can be difficult to not see the success you hoped for. Whether or not you can terminate your franchise agreement will primarily depend on the terms of the agreement, as…
3 Strategies For Leaving Your Franchise Business
What happens when a franchisee decides they want to leave their franchise business? While they vary, most franchise agreements do not allow a franchisee an easy way out of their agreement. Most franchisees will face some costs. However, there are…
I’m a Franchisee. What Do I Need To Know About Marketing Funds?
Marketing funds are a common feature of franchise systems, particularly for those that are well-established and those with nation-wide promotional campaigns. The purpose of the marketing fund is to allow the franchisor to obtain financial resources for their promotional or…
Setting Up a Coffee Shop Franchise: A Legal Guide
With coffee shops continually popping up all over Australian streets, it is no secret that the coffee industry is booming. However, significant growth also means significant competition. If you are considering starting a coffee shop franchise, you should first have…
Setting Up a Pet Care Franchise: A Legal Guide
You may be an animal lover with a pet care shop, but are you ready for the business challenges that come with a pet care franchise? To ensure that your business is purr-fect to expand into a franchise, it should…
When Should I Issue a Franchising Notice of Dispute?
Unfortunately, disputes can arise during the franchise relationship. Both parties to a franchise agreement rely on the other to uphold their end of the bargain, and it’s crucial to each party’s business that the other does just that. Part of…
I’m a Franchisor. How Should I Manage Franchise Disputes?
As a franchisor, it’s important to avoid franchise disputes and ensure all franchisees are working to maintain — and even improve — your brand’s image. Overlooking issues with individual franchisees because of time constraints is tempting. But if left unaddressed,…
Disclosure Document Obligations for Franchisors
The Franchising Code of Conduct (the Code) requires all franchisors to prepare a Disclosure Document. Item 4 of the Disclosure Document requires a franchisor to disclose in relation to itself, a director, an associate and/or a director of an associate…
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