Organisation Law
Introduction
Buying a franchise that you will enjoy is the most important factor of all. Most businesses - all types of business, not just franchises - succeed when the owner truly enjoys the products and/or services that the business supplies.
Popularity does not always equal profitability, cleaning franchise does not sound like that popular, but it can be a very profitable one. If you do like cleaning, I would like suggest you to buy a cleaning franchise that allows you do this. The cleaning industry in Australia is worth around $2 billion a year at this period, which accounts for one of the fastest growing sectors in the Australian economy. In an article published in TheAge.com.au, Five franchises under $100k, two industry experts assessed five low-cost franchises and explained what potential franchises can expect for $100,000. Cleaning franchise is one of the five franchises reviewed (David Wilson, 2012).Cleaning franchises can cover both domestic cleaning i.e. cleaning people’s homes, and commercial cleaning, i.e. cleaning offices/businesses. There are opportunities available throughout Australia for both (Whichfranchiseaustralia, n.d).
In this article we first briefly introduce the definition of franchising and the relationship between franchisee and franchisor. And then we move on to the Franchising Code of Conduct; trying to identify the relevant regulatory framework on franchise. Finally, the appropriate business form will be assessed. The information provided in this article is intended to assist you in your choice of cleaning franchise.
What is franchising?
Franchising is a significant component of Australia’s small business sector. Franchising is a contractual relationship between franchisee and franchisor (Caves and Murphy, 1976). The franchisee pays a licence fee and continuing royalties for the right to use and/or sell the subject matter of the franchise. You, as a franchisee, are considered an independent business operator doing business
Buying a franchise that you will enjoy is the most important factor of all. Most businesses - all types of business, not just franchises - succeed when the owner truly enjoys the products and/or services that the business supplies.
Popularity does not always equal profitability, cleaning franchise does not sound like that popular, but it can be a very profitable one. If you do like cleaning, I would like suggest you to buy a cleaning franchise that allows you do this. The cleaning industry in Australia is worth around $2 billion a year at this period, which accounts for one of the fastest growing sectors in the Australian economy. In an article published in TheAge.com.au, Five franchises under $100k, two industry experts assessed five low-cost franchises and explained what potential franchises can expect for $100,000. Cleaning franchise is one of the five franchises reviewed (David Wilson, 2012).Cleaning franchises can cover both domestic cleaning i.e. cleaning people’s homes, and commercial cleaning, i.e. cleaning offices/businesses. There are opportunities available throughout Australia for both (Whichfranchiseaustralia, n.d).
In this article we first briefly introduce the definition of franchising and the relationship between franchisee and franchisor. And then we move on to the Franchising Code of Conduct; trying to identify the relevant regulatory framework on franchise. Finally, the appropriate business form will be assessed. The information provided in this article is intended to assist you in your choice of cleaning franchise.
What is franchising?
Franchising is a significant component of Australia’s small business sector. Franchising is a contractual relationship between franchisee and franchisor (Caves and Murphy, 1976). The franchisee pays a licence fee and continuing royalties for the right to use and/or sell the subject matter of the franchise. You, as a franchisee, are considered an independent business operator doing business