THE INTRODUCTION OF THE NEW FRANCHISING CODE OF CONDUCT. The new Franchising Code of Conduct (Competition and Consumer (Industry Codes – Franchising) Regulation 2014 (Cth) (Franchising Code of Conduct) was enacted on 30 October 2014 and entered into force on 1 January 2015, replacing the 1998 Franchising Code of Conduct. Apart from certain provisions which…
Negotiating a Master Franchise Agreement can be complex, challenging and demands careful thought and patience. International expansions of franchise systems have been increasing at a rapid pace for years. For some franchisors, such expansions have proved to be very successful, but for others, the experience has been costly and frustrating. Often, one of the greatest…
Franchisors are often sued for injuries occurring on the premises of their franchisees simply because the injured person and his attorney do not understand the nature of franchising. Most franchisors prescribe standards for operation by their franchisees that are designed to produce the highest quality product or service in a clean, safe environment. However, franchisees…