Franchising tip of the week 21/06/12

If you are unsure about whether your business should technically be classified as a franchise or you think you may be treading a thin line, seek expert advice now.

Many businesses are wary of franchising their business and describe their business model as a licence arrangement, a distributorship or an agency. The benefits of franchising are many as are the penalties for not behaving as a franchise if your system suggests this.

Seek sound advice now before The ACCC come and seek you first! It may only be a matter of time.

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