by GLG Legal | Nov 19, 2024 | Commercial, Franchising
Why Buying a Business in Australia Requires Due Diligence One of the best financial decisions you can make is buying a business in Australia. After all, it’s a lot less stressful compared to starting a business from the ground up. There is already a set location,...
by Adam | Nov 19, 2024 | Franchising
The Federal Government has recently announced its support for several recommendations made following the 2023 review of the Franchising Code of Conduct. A new draft of the Franchising Code will be released later in 2024 and is expected to be implemented from April...
by GLG Legal | Jan 15, 2024 | Commercial, Franchising
Are you planning on selling your small business soon? It may be hard to sell it quickly if you have no experience in this field. There are many things to consider when doing so, as you’ll want to get fair compensation for what you’ll be trading away. This article will...
by GLG Legal | Jan 9, 2024 | Commercial, Franchising
A joint venture agreement is a contract between two or more parties who agree to work together to achieve a common goal. The agreement sets out the roles and responsibilities of each party and the terms and conditions under which the joint venture will operate. It is...
by Kat | Jul 10, 2023 | Franchising
Franchising is a popular business model that allows you to operate a business under the brand of another business. Famous examples of a franchise in Australia include Pool Werx, Muffin Break, and Jim’s Mowing. A franchisee is a sole trader, partnership or company...
by Kat | May 29, 2023 | Commercial, Franchising
Two of the most common types of businesses in Australia are licensed businesses and a franchised business. But what’s the difference? Both models are business agreements in which certain aspects of the brand are shared in exchange for a fee. However, a franchising...