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If you are a franchisor or operate a small business, advertise goods or services, negotiate with suppliers, are a distributor or compete with other businesses, then you should have a "Trade Practices Act 1974" (Cth) (TPA) compliance program (Program) in place.

Insights and guidance for those considering buying a business and operating within a franchise group.

Franchisors to comply with their obligations under the Franchising Code to annually update their information on the Franchise Disclosure Register.

These changes are a direct consequence of a recent inquiry into the operation and effectiveness of the Franchising Code.

The NVDA Regulations addressed concerns of the new car retailing market by amending Schedule 1 of the Franchising Code.

As a potential franchisee, the key to avoiding a costly mistake and to making the right decision is due diligence.

This judgment is important for franchisors and franchisees to understand their contractual bargain/relationship.

Rule No. 1 for any prospective franchisee entering into a franchise system is to speak with as many existing franchisees within the system as possible.

Franchisors will be pursued and infringement notices issued for failure to adequately comply with code disclosure requirements. .

Monetary penalties and reputational damage will arise for a franchisor's non-compliance with obligations under the Code.

Before investing in a franchise, assess the business model in the context of your location, expenses and expected cash flow.

Reminder that strict compliance with the Franchising Code of Conduct remains of paramount importance for all franchisors.

The 'Grill'd saga' has demonstrated that the actions of one franchisee can impact negatively on the entire franchise.

Franchising in Australia operates under a well-developed legal regime. The Franchising Code of Conduct, which has the force of law under the Competition and Consumer Act 2010 (Cth), sets minimum standards for disclosure, franchise agreements, and the conduct of the franchise relationship.

The Issues Paper seeks feedback from the franchising sector regarding the Fairness in Franchising Report.

This article examines how these changes impact franchisors across Australia, with particular focus on sectors most vulnerable to these regulatory changes.

No two dealerships are alike… Each dealership operates under its own unique set of circumstances, and even those within the same franchise group can differ markedly in financial performance and business structure.