Draft consultation complete: One step closer to franchising code reform Introduction We recently reported on the Government’s response to the Independent Review of the Franchising Code of Conduct (Code). Now, as the brief public consultation period has ended for the Treasury’s Exposure Draft rewrite of national franchising law, the Government is now in the...
Government commits to every recommendation from Independent Review of the Franchising Code of Conduct In a bid to improve the franchising model in Australia, small business expert Dr Michael Schaper was commissioned to conduct an Independent Review (Review) of the Franchising Code of Conduct (Code) in August 2023. As of May 7, 2024, the...
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.
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