How To Start A Franchise In Australia
- zaraatkinson0011
- Mar 7, 2024
- 1 min read
Franchising in Australia is big business. Over 1,200 different franchise systems operate more than 94,000 individual franchised outlets employing 565,500 people, according to the Franchise Council of Australia.
But while the names of some are very well known, such as McDonald’s, Bakers Delight and Jim’s Mowing, they actually operate across almost every industry including food and beverage, retail, fitness, home services, real estate, mortgage lending, financial planning, automotive servicing, car hire, pet services, hospitality, pharmacy, strata services, couriers, beauty, tutoring and coaching.
What Is A Franchise?
Franchising is a business model under which a franchisee buys the right to operate a business for a set period of time using the name, brand, products and services of an established business, known as the franchisor. In return, the franchisor provides access to various resources and support.
For further details: https://www.forbes.com/advisor/au/business/how-to-start-a-franchise/
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