Sharp Slowdown Threatens Franchising Growth

Sydney Morning Herald:

A sharp slowdown in Australia’s franchising sector could wipe billions off its growth and hurt thousands of small enterprises.

Industry experts believe franchising growth, measured by annual sales turnover and new outlets, has slowed from an estimated 10 per cent in 2009 to as low as 6 per cent.

The stakes are high: franchising is worth at least $130 billion annually in sales turnover, or about 12 per cent of the economy. Continue reading.