Franchisees Need More Than “Gut Feeling” When Buying A Franchise

Dynamic Business:

Potential franchisees need to embrace the free pre-entry education run by Griffith University, rather than make decisions on “gut feeling” when choosing to buy a franchise the ACCC has said.

The free online education program run by Asia-Pacific Centre for Franchising Excellence is funded by the Australian Competition and Consumer Commission and hopes to help prospective franchisees make an informed decision when looking to buy a franchise. The program is run online and consists of five modules, commencing in July this year.

ACCC deputy chair Michael Schaper said the pre-entry education program will be available nationally and cater to all levels of understanding. Read on…