Posted by Elizabeth Gore-Jones
on 13 March 2025
Under the updated franchise regulations effective in 2025, franchisees renewing or extending agreements can opt out of receiving disclosure documents and cooling-off periods. This change benefits both franchisors and franchisees by reducing delays. Here’s how it works and what to consider.Who Can Opt Out and How?Franchisees can opt out if:They are renewing or extending a franchise agreement that is the same or substantially the same as the previous agreement.The business operated remains th...
Posted by Elizabeth Gore-Jones
on 13 March 2025
Franchisors rejoice: the Key Facts Sheet is gone!Hallelujah! As of 1 April 2025, the Key Facts Sheet is officially gone. Franchisors are no longer required to prepare, maintain, or provide this document, marking a significant step in simplifying compliance requirements.What Does This Mean for Franchisors?The removal of the Key Facts Sheet streamlines franchisor obligations by:Eliminating the need to create and update the Key Facts Sheet annually.Reducing administrative burdens tied to disclos...
Posted by Elizabeth Gore-Jones
on 12 March 2025
 "Franchisor Name and Shame: New ASBFEO Powers Under Scrutiny")
The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) has gained new Franchisor Name and Shame powers under the updated Franchising Code. These powers allow ASBFEO to publicly call out franchisors who refuse or withdraw from alternative dispute resolution (ADR). Here’s what this means for franchisors and franchisees.
What Are the New ASBFEO Powers?
If a franchisor refuses to engage in or withdraws from an ADR process, ASBFEO can publish this behavior at its...
