About franchising

 Franchising is a way of doing business.

Roles in franchising

A franchisor largely controls how the franchisee’s business is run and controls the name, brand, and business system the franchisee is going to use.

A franchisee bears the financial risk for their franchised business and pays money to the franchisor. In exchange for this money, the franchisor allows the franchisee to use the franchisor’s brand or system to sell products or services for a limited time. The franchisee must run the business according to the franchisor’s requirements.

Read More: https://www.accc.gov.au/business/industry-codes/franchising-code-of-conduct/about-franchising



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