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WNA Blog Home » Retailing Articles

Franchising – The 3 Stage Due Diligence

April 1, 2016 | Simone Pentis

3 stages of due diligence when purchasing a franchise

Deciding you want to become a franchisee can be an exciting as well as daunting time. Depending on the franchise you are looking at entering into, this could involve a small investment with the aim of giving you an extra interest or additional monies, to a full time endeavour that will become your main investment […]



New Year- New You – Franchising Opportunities

March 2, 2016 | Simone Pentis

Is Franchising For You?

Following the start of the New Year many people have come back from holidays having spent time looking at where they are at and envisioning where they want to be, which sometimes leads people towards making decisions to move on from their current employee role or business into taking up a franchising opportunity. This is […]



Disruptive Trends: The Changing Face of Retail

February 22, 2016 | Ingrid Cliff

Retailing trends

The collapse of Dick Smith has highlighted that traditional bricks and mortar stores, and retail models are on the way out. Consumers now purchase differently than they did 10 years ago with people taking up online shopping at an increasing rate. Australians spent over $18.1 billion in online retail in the twelve months leading up […]



A Julia Roberts Shopping Experience

October 28, 2015 | Danielle MacInnis

A Julia Roberts Shopping Experience

Last year I was walking down Main Beach, Gold Coast (Tedder Ave) with my son and saw some lovely comfortable shoes in a pretty high-end shoe shop. It had a no eating or drinking sign in the window which is fair enough so I asked my son to stay outside with his food and had a […]



Why the Annual Code Update is More Important Than Ever Before

October 19, 2015 | Simone Pentis

Ensure you review and diarise the new Franchising Code of Conduct.

For most franchisors 30 October is a significant date. Given that most franchise systems within Australia follow the Australian financial year of 1 July to 30 June, then 30 October represents the expiry of the 4-month period from the franchisor’s last financial year whereupon franchisors must generally have ensured that they have updated Disclosure Documents […]



Key Considerations When Seeking Franchise Agreement Advice

September 17, 2015 | Simone Pentis

Choosing the right name for your business

Before deciding on becoming a franchisee, prospective franchisees should ensure they have first done a proper due diligence and obtained appropriate advice from experts on the business, site and franchise documents to be entered into. I would recommend that these experts should at the minimum include a lawyer and accountant (who are experienced in franchising) […]



Business Name Registration Doesn’t Mean You Own It

August 24, 2015 | Binh Rey

Choosing the right name for your business

Many businesses do not think of calling a trademark consultant when they start up a new business, create a product name or buy an existing business. It is a fact that registering a business, company or domain name does not give you any proprietary rights. With a trade mark you are able to take legal […]



Franchising Marketing Funds: The Balancing Act

June 29, 2015 | Simone Pentis

Franchise Marketing Funds

Marketing Funds are an area that can cause tension between franchisees and franchisors. This is since franchisees are often required in addition to paying franchise fees to pay certain monies into a fund for marketing and/or promotional purposes as determined and controlled by the franchisor. These marketing and/or promotional related activities can include, without limitation: […]



Franchisor’s Time For a Check Up: The New Franchise Code 5 Months In

May 26, 2015 | Simone Pentis

Is Franchising For You?

2015 has been a big year for those operating within the franchising industry, most especially Franchisors. As of 1 January 2015, the franchising industry faced the repeal of the pre-existing Franchise Code of Conduct with the introduction of a new Franchising Code of Conduct (“New Code”). Furthermore, the Competition and Consumer Amendment (Industry Code-Penalties) Act […]



Creating Franchising Territories That Work

March 6, 2015 | Simone Pentis

The boundaries are changing.  When designing and setting up territories for a franchise there are many factors that need taking into account.

Franchisors are now moving towards being more creative in how they design the types of territories they are now granting their franchisees. So long as overall there is value and benefit to both the franchisor and franchisee, franchise territories do not need to follow the prior traditional views of territories. This traditional view often equating […]