Quest Legal’s Post

The Federal Government has responded to Dr. Schaper’s Review with major reforms to the Franchising Code of Conduct.   From simplifying obligations to introducing penalties, these updates aim to improve transparency and fairness in franchising.   How will those proposed changes impact your franchise business?   Get the details on what’s next for franchisors in our latest blog.   https://lnkd.in/gfmy9Gv2

💼 Franchisors: Prepare for the New Franchising Code   With the upcoming changes to the Franchising Code, including new compensation provisions and clearer disclosure requirements, franchisors need to act now. Start reviewing your agreements to ensure compliance ahead of the 1 April 2025 deadline.   Here is our new article outlining the main changes. https://lnkd.in/gFUdiCx8   #FranchiseAgreement #BusinessPreparation #QuestLegal

💼 Franchisors: Prepare for the New Franchising Code   With the upcoming changes to the Franchising Code, including new compensation provisions and clearer disclosure requirements, franchisors need to act now. Start reviewing your agreements to ensure compliance ahead of the 1 April 2025 deadline.   Here is our new article outlining the main changes. https://lnkd.in/gsCCqbS2   #FranchiseAgreement #BusinessPreparation #QuestLegal

📜Big Changes Ahead for Franchising Code of Conduct (Code)!   The Treasury’s Exposure Draft of the new Franchising Code is set to bring significant changes, including new mandatory requirements for franchisors. With no transitional provisions, businesses must start preparing now. Are you ready for the Code’s 1 April 2025 rollout?   Find out more https://lnkd.in/gsCCqbS2   #FranchisingLaw #BusinessCompliance #QuestLegal

Franchising's legal framework emerged in the mid-20th century, with a milestone in 1979—the introduction of the Franchise Rule by the FTC in the U.S. This rule mandated disclosure requirements for franchisors and set guidelines for franchise agreements, shaping the modern landscape of franchising and ensuring transparency in business relationships. Schedule an appointment: https://lnkd.in/ehycA7gB #FranchiseConsultant #FranchiseOwnership #FranchiseEducation

📜Big Changes Ahead for Franchising Code of Conduct (Code)!   The Treasury’s Exposure Draft of the new Franchising Code is set to bring significant changes, including new mandatory requirements for franchisors. With no transitional provisions, businesses must start preparing now. Are you ready for the Code’s 1 April 2025 rollout?   Find out more https://lnkd.in/gsCCqbS2   #FranchisingLaw #BusinessCompliance #QuestLegal

📜Big Changes Ahead for Franchising Code of Conduct (Code)!   The Treasury’s Exposure Draft of the new Franchising Code is set to bring significant changes, including new mandatory requirements for franchisors. With no transitional provisions, businesses must start preparing now. Are you ready for the Code’s 1 April 2025 rollout?   Find out more https://lnkd.in/gFUdiCx8   #FranchisingLaw #BusinessCompliance #QuestLegal

Major changes are coming to the Franchising Code of Conduct in 2025 that will have significant implications for franchisors and franchisees alike. The changes commence 1 April 2025 and it’s essential to be prepared. The Government has released an exposure draft of the new laws, and while not final, give clear insights into what to expect. To understand what’s coming and how it can affect your business, read my colleague @ Cameron Graf’s article ‘ What are the draft changes to the Franchising Code of Conduct in 2025?’ here: https://lnkd.in/gCdX35-s #franchise #auslaw #compliance

📢 [AU] If you are in franchising, did you know the Franchising Code of Conduct will change in 2025? The Australian Government has released draft laws proposing significant updates to the Code following a review earlier this year. These changes could have a big impact on franchisors and franchisees alike. Key updates include: 💼 New rules around return on investment and compensation. ⚖️ Additional restrictions and penalties for termination and legal costs.  📑 Updated requirements for the disclosure process. For more details on the changes and how they may affect your business, read our full summary by Senior Franchising Lawyer Cameron Graf here: https://lnkd.in/gWCREztp #franchise #auslaw #compliance

📜Big Changes Ahead for Franchising Code of Conduct (Code)!   The Treasury’s Exposure Draft of the new Franchising Code is set to bring significant changes, including new mandatory requirements for franchisors. With no transitional provisions, businesses must start preparing now. Are you ready for the Code’s 1 April 2025 rollout?   Find out more https://lnkd.in/gFUdiCx8   #FranchisingLaw #BusinessCompliance #QuestLegal