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Log In / Register | Nov 22, 2014

Franchisee Victory Highlights Lessons

The Billy Baxter’s Court of Appeal ruling in favor of the franchisee to the tune of $1.2M has law firms and the Franchise Council of Australia prospecting for additional revenue from Australia’s franchisors.

Franchisee Winds Up Franchisor

Billy Baxter’s ex-franchisees Ross and Sue Pollard were awarded $1.2M on appeal after the Court found earnings figures proved were misleading. As the franchisor failed to make payment it now faces a winding up application.

BP Makes Discredited 90 Percent Claim

The BP online franchise information document (pdf) contains this statement on page three: “According to the U.S. Department of Commerce, 90 percent of franchised operations are still operating after ten years, whereas 82 percent of independent businesses fail.

Ormond Sings ‘I Did It My Way’

For every franchisee in Australia that has ever taken a complaint to the ACCC, the Refund Home Loans outcome is reinforcement of Australia's strange franchising standards.

SSP Estimates 18% Profit Growth in 2010 for Franchisor

SPOOFBERRA, Australia - Spore, Spawn & Pawn predicts Australian franchise system numbers will mostly hold in 2010 after sailing through the global financial crisis mostly intact while predicting franchisor revenue growth will grow by 9.13% affording the opportunity to grow profit by 18.11%. 

Due Diligence for Dummies

Is due diligence something difficult? Should it be done by someone else?

Consider the words of franchise attorney Rupert Barkoff in the New York Law Journal on Sep 24:

Increased Australian Franchise Disputes and Collapses Likely

Troubling Times
A day of reckoning for Australian franchising?