Franchising Model Is Resilient

Franchising.net.au:

Franchising can sustain business, even in tough times. That’s the message from Steve Wright, chief executive of the Franchise Council of Australia, who told delegates at the NSW state conference the franchise model is resilient.

Wright cited the example of Midas franchisees still in business during the company’s period of administration as proof franchising is a sustainable model.

“Profitable franchisees have traded through these times to profitability,” he said.

But his positive words about the franchising sector were countered by a warning the franchising Code of Conduct would be back on the agenda in the second half of 2009 along with a number of legislative issues. More.