Aventus Legal News
Keep up-to-date with the latest news.
Author of South Australian franchisee laws plays down suggestion of legal challengeFranchise expert Frank Zumbo has rejected suggestions from former Small Business Minister Nick Sherry that the new South Australian franchising laws could prompt a legal challenge, saying opponents ought to keep an open mind. read more |
Franchise Council welcomes amendments to SA Small Business Commission BillThe Franchise Council of Australia has welcomed proposed amendments to a Small Business Commission Bill in the South Australian Parliament that would prevent any commissioner from changing industry codes without legislative approval. read more |
Franchisors target 12% revenue growth in 2012, but identify the challenges ahead…Franchisors have exceeded their growth forecasts for the current year, are specifically focused on recruiting more Gen Y franchisees and are moving into online retailing without cannabilising the sales of their existing networks, the third annual PwC report on the sector has revealed. read more |
“Rogue” ice-cream franchisee in administration after dispute with Cold Rock chainFranchise brand manager Franchised Food Company has claimed victory over what it described as a "rogue" franchisee who attempted to rebrand their three ice-cream stores just weeks after their franchise agreement ended. read more |
Aventus opens Brisbane officeAventus Legal has opened its new Queensland office in the heart of Brisbane's CBD. Located at Riparian Plaza, the new office has been opened to cater to our growing South East Queensland clientbase. read more |
South Australian Government back new franchising laws including “good faith” obligationThe South Australian Government will back a private member's bill from franchisee crusader Tony Piccolo and will introduce new franchising laws that will enshrine "good faith" bargaining in legislation for the first time in Australia. Piccolo, who has been pushing for the new laws for more than two years, finally managed to get his private member's bill approved by the Rann Labor Government's Cabinet last week. read more |
Franchisors tip 18% profit growth in 2011, but recruitment remains a challenge!Australia's franchisors have emerged from the downturn in robust shape, beating forecasts to post profit growth of 19% in 2009-10 and forecasting profit growth of 18% for the year ahead. But a new report into the franchising sector from PricewaterhouseCoopers suggests the perennial growth hurdle for franchising – and lack of prospective franchisees - is once again threatening to put the brakes on the sector's expansion. read more |