franchise

Buying a Franchise - When is a Franchise Disclosure Document ‘Current’?

Buying a Franchise - When is a Franchise Disclosure Document ‘Current’?

When deciding to purchase a Franchise the Franchisor is required to provide to the potential Franchisee a disclosure document, that among many other things details the current financial position of the franchisor. Under the Franchising Code of Conduct the franchisee is to be provided with a ‘current’ disclosure document, however the term ‘current’ is not defined in the Code. Generally a franchisor will update their Disclosure Document at the end of each financial year.

Did You Actually Shop Here? Fake Business Reviews:

Did You Actually Shop Here? Fake Business Reviews:

Advertising your small business online is definitely the way to go these days, with potential to reach a large audience with a much smaller outlay than traditional media. With this in mind we thought we’d highlight a recent move by the Australian Competition and Consumer Commission (“ACCC”) as a word of warning to business owners.