A new Australian franchise registry has been launched to assist prospective franchisees in their search for a business, improve franchisor compliance and enhance the credibility of the sector.
There are five specific aims for The Franchise Registry:
- help prospective franchisees identify genuine franchise brands
- protect and enhance the reputation and credibility of the sector
- boost trust in franchising among potential franchisees
- deliver independent and relevant data to regulators and the Franchise Council of Australia
- improve the finance lending potential in franchising
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