When things go wrong with a franchise

It is not possible to predict what can happen during a business relationship. Franchise agreements usually go for many years. Sometimes, things can go wrong.

When things go wrong for your business, but it’s no one’s fault

A business that starts out well can struggle later. This can be due to things outside of your control, such as changing consumer tastes, more competition, or big world events.

If your franchised business or the franchise system is not doing well, it doesn’t always mean a law has been broken.

It’s important to have trusted independent advisors, like an accountant or a business advisor, who you can turn to when things get difficult.

Read More: https://www.accc.gov.au/business/industry-codes/franchising-code-of-conduct/when-things-go-wrong-with-a-franchise