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Franchise 101

Disclosure document franchising australia

5 things Franchisors NEED to do before 31 October 2017 – ignore at your own risk!

By | Franchise 101, Franchise Consulting, Franchise Legal Advice, Franchise Opportunities, News and Events

As a franchisor, the Code requires you to update your Disclosure Document at least once a year and within 4 months of the end of your financial year. This means that for most Australian-based franchisors they must attend to the 2016 update sometime between 1 July 2016 and 31 October 2016. Franchisors can’t legally recruit franchisees without an up–to-date Disclosure Document. So it is crucial to ensure that this document is current and update at least once a year.

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