If you’re a franchisor, your Franchise Disclosure Document needs to be updated at least annually – and ensuring it’s done properly is essential to meet your compliance obligations under Australia’s Franchising Code of Conduct. As a Franchisor, you must provide a Franchise Disclosure Document to anyone considering becoming a franchisee of your business at least two weeks before a non-refundable payment is made by a franchisee, or a franchise agreement is entered into.
