Griffith University’s Asia-Pacific Centre for Franchising Excellence has won funding to explore whether or not franchising is more sustainable than independent business.
The Australian Research Council (ARC) announced nearly $300,000 for the linkage project, ‘Survival of the Fittest: The performance of franchised versus independent small business during economic uncertainty and recovery’. Industry Partners, the Franchise Council of Australia and the Department of Innovation, Industry, Science and Research are also contributing significantly to the project.
The project team will be led by Asia-Pacific Centre director Professor Lorelle Frazer and includes deputy director Dr Scott Weaven and researcher Associate Professor Debra Grace.