Extending or ending a franchise agreement

 Franchise agreements usually operate for a limited time.

Franchisees need to think ahead about what happens when the franchise agreement ends.

When a franchise agreement can end

A franchise agreement doesn’t always have to be renewed or extended when it ends – this will depend on what’s in the agreement.

A franchisor or a franchisee can end an agreement early. This can happen:

if the franchisee wants to end the agreement early. For example, franchise agreements usually allow franchisees to sell their franchise

even if the franchisee doesn’t want to end the agreement early, for example because the franchisor goes bust or because the franchisor terminates the agreement.

Read More: https://www.accc.gov.au/business/industry-codes/franchising-code-of-conduct/extending-or-ending-a-franchise-agreement




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