It really pays for franchisees to do their due diligence – here’s how

"We love the brand and we are willing to invest our life savings in it. After all, this is a well known franchise with hundreds of stores so it must be good. The franchisor says it is offering a proven business. It has given us a disclosure document containing many pages of information and we have tried to read the franchise agreement. There is also a lease. To be honest, we can’t really understand all the legal jargon. We just want to get started on running the business. Besides, won’t the Franchising Code of Conduct protect us?" Read more

Lorelle Frazer and Jenny Buchan The Conversation 28 Oct 2015