Franchisees and franchisors have been urged to do as much as “humanly possible” to scope each other out before entering into an agreement, as a court battle kicks off involving 10 former Bank of Queensland franchisees.
Budding entrepreneurs with the perception that running a franchise is easier than running your own business could be in for an unwelcome shock, judging by recent developments.
Restaurant franchise Billy Baxter’s faces an uncertain future after it was placed into provisional liquidation, as it struggles to pay a $1.2 million damages claim.
A former franchisee has spoken out about his legal battle with South Australian restaurant franchise Billy Baxter’s, which is facing a winding-up application over a $1.2 million damages claim.
The competition watchdog is urging prospective franchisees to check and substantiate claims made about potential income, following complaints in the cleaning and home services industry.
Canadian coffee chain Esquires Coffee House is expanding into Australia following an entry to the New Zealand market, spearheaded by a high-tech store concept.
A franchisee couple has been awarded $1.22 million in damages after a successful appeal against franchisor Billy Baxter’s, prompting an expert to highlight the importance of site selection.