There are laws that must be followed when franchising in Australia, including the Franchise Code of Conduct and the Australian Consumer Law. However, these laws cannot ensure the success of the business or that your money is always protected. A franchise business can fail, just like any other business.

The Franchising Code of Conduct governs the franchising sector. It provides guidelines for:

  • Documents and timelines for the purchase
  • Renewal and termination process
  • Encourages good faith between franchisees and franchisors, with financial penalties for misconduct.