This is not just a warning for Australian franchise investors. If you are ready to invest in a franchise brand you should consider what stage of franchise network growth your 'brand of choice' has achieved and what that might mean to any suggested financial success you have been promised.
Franchisor John O’Brien is mighty proud of his Australian franchise and his increased revenue and expansion plans at Poolwerx. Franchisee turnover has ensured more territories become available under recent changes to franchise contracts up for renewal.
Christmas in Australia is a hot time for giving so I’m going to give a little early cheer to Bakers Delight. Anyone in serious franchising could really appreciate a strategy to capture a new wave of Gen Y franchisees especially as the old franchisees cannot manage to find a way out.
Member for Gilmore Joanna Gash MP has blasted the Australian government for its franchising inaction and the Small Business Minister’s insistence that he will commit to nothing before the election lead up promises set to begin in 2013.
A rumour has been floating around for some time that Australia's Bakers Delight franchise is in financial trouble. That its business model does not work; too many of its franchisees were going broke.
In Australia the Commonwealth Ombudsman investigates complaints relating to alleged non-performance of government agencies. In this instance the Ombudsman has received a complaint that the ACCC’s investigation into Bakers Delight [COBS in North America] was ‘flawed and lacked procedural fairness’.
Some of the most respected franchise systems in Australia did not rate in this 10 Thousand Feet franchisee satisfaction survey. At least one of Australia’s most criticized franchise systems did.
The Australian Competition and Consumer Commission is taking action against Refund Home Loans claiming the franchisor misled franchisees regarding a ‘special’ relationship with the ACCC.
In the Brisbane Federal Court, a self-defending little franchisor faces the Australian Competition and Consumer Commission in full force and hell bent on arming a Federal Small Business Minister.