Own Your Own Franchise: The Essential Guide to Franchising in Australia

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Allen & Unwin, Feb 13, 2003 - Business & Economics - 192 pages
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Franchising offers opportunities for both small and large businesses. For individuals it provides a way of getting into business, combining some of the advantages of being with an established enterprise while remaining your own boss. This book is a complete and practical guide to establishing and running a franchise business. This updated edition features four new chapters and discusses the current status of franchising in Australia.
 

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Contents

Where did franchising begin and how and why does it work?
1
The current state of franchising
7
Independent versus franchisee
12
Just write me a blank cheque
17
Questions to ask when buying a franchise
21
The steps you will take in buying a franchise
26
More questions that deserve answers
31
Picking the winners
36
International expansion for Australian franchisors
81
The franchisorfranchisee relationship
86
The unhappy franchisee
92
The controls
98
The franchise agreement
106
The legal picture
118
Your bank and franchising
125
Information sources on franchising
129

How to tell when a franchise system is in trouble
49
The culture of caring
53
Do you want to franchise your business?
59
How to franchise your business
65
Common misconceptions about franchising
75
Expansion of franchising through conversion
78
Your next step
136
The Franchising Code of Conduct
139
Businesses for franchise
173
Index
174
Copyright

Common terms and phrases

Popular passages

Page 169 - Therefore, by its terms, section 32 does not apply — (a) To a person who Is not an officer, director, or employee of a member bank of the Federal Reserve System; (b) To a person (1) who Is not an officer, director, or employee of a corporation or unincorporated association primarily engaged In the Issue, flotation, underwriting, public sale, or distribution, at wholesale or retail, or through syndicate participation...
Page 175 - At the date of this statement there are reasonable grounds to believe that the Company will be able to pay its debts as and when they fall due.
Page 176 - General, before the end of such period after the end of the financial year to which the statement relates as the Secretary of State may specify by notice given to the Authority.
Page 151 - Parliament not later than six months after the end of the financial year to which it relates.
Page 171 - Details of whether the territory or site to be franchised has been subject to a franchised business operated by a previous franchise granted by the franchisor and.
Page 150 - A franchisor must not induce a franchisee not to form an association or not to associate with other franchisees for a lawful purpose.

About the author (2003)

Garry Williamson is a franchising consultant with over 23 years of experience and has helped hundreds of people to select and purchase a franchise business that suits them. His company, The Franchise Centre, provides practical guidance and advice to would-be franchisors and franchisees.

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