Buying a franchise can be a life-changing experience. There are many reasons why you might consider becoming your own boss and open or buy a franchise.
In Australia, the franchising industry is rising rapidly. Currently there are approximately 1180 franchisors in Australia. The below infographic demonstrates the increase in demand for franchises and the types of industries these franchises are found in.
The franchise infographic below also indicates that over 76% of franchise disputes settle at either mediation or via information resolution with a solicitor. Only 24% of all disputes reach litigation stage, due to the effectiveness of mediation and informal discussion with the aid of legal professional.
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