Business Advice

Disgraced franchising giant Retail Food Group is facing legal action for allegedly misleading its franchisees when selling them loss-making stores.

Today Labor's Brendan O'Connor and Deborah O’Neill will introduce a Private Senator’s Bill to further reform the franchising sector, increasing penalties for franchisors that do the wrong thing.

The Morrison government has balked at calls for an overhaul of franchising, and will instead pursue minor changes to existing regulations.

Running a business and being a good practitioner are two separate skills. Here's what you should look for when setting up a franchise.

Retail Food Group's share price soared on Tuesday after it told investors ASIC had concluded an investigation and would not pursue enforcement action.

According to 12RND Fitness founder Tim West, COVID-19 has allowed the business to bring forward really important franchise system and value upgrades.

It's important that franchisors formulate a COVID-19 action plan and consider how their franchised operations may be affected by the virus.

"It’s no wonder so many hospitality businesses are going to the wall. There's just no money left over after everyone has been paid."

A prospective overhaul of the franchising sector risks becoming ineffective if concerns about dispute resolution are not addressed, experts warn.

Brisbane-based Motto Motto is looking to shake up the market for Japanese food in Australia by focusing on restauraunt quality in a casual dining setting.