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- Franchising is a really big deal in Australia about one in $11 generated in our economy is through a franchise system. It's a great model of entrepreneurship where you have that mutually supportive relationship between franchisee and franchisor motivated by the success of the franchisee. This week, another big deal happened, a strengthening of the franchise code. It ensures that the people who are thinking about entering into a franchise business investment, have all the relevant information that they need. What's the nature of the risks that they're considering, what are the leasing arrangements for property that might be part of the arrangement? Are there any rebates that are another part of the relationship between the brand and some of their suppliers? These are important considerations as well as major capital investment expenditure that might be on the radar screen so prospective franchisees can make really good informed decisions. That's good stuff. And supported with the est...
