I would like to believe that the results of the annual Griffith survey of franchisors was an indictment of the tainted franchising reputation in Australia indirectly referred to earlier this year by the Chairman of the Australian Competition and Consumer Commission however, the small business climate suggests there are far greater influences.
Another Australian export set to bedazzle the US market is the infamous Poolwerx brand. Since Brad Sugars of Action Couch infamy showed Australia just how many willing US investors don’t perform due diligence many Aussie franchisors have contemplated the land of opportunity.
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.
‘From time to time’ franchisees, and even normal folk, put their signatures to contracts that in hindsight were obviously intended to separate them and their money and deliver simmering leverage as a ‘don’t argue’ surprise.