If you’re thinking about a new franchise opportunity in 2011, the Australian Competition and Consumer Commission suggests prospective franchisees make the most of opportunities to learn about the business model.
“In the New Year, many people are thinking of ways to change their lifestyle and income and may see buying a franchise as one way of doing this,†Acting ACCC chairman Michael Schaper said today. “As part of the due diligence process, pre-entry education programs offer significant benefits to anyone looking to enter the sector.â€
Since its launch in July 2010, more than a thousand people have enrolled in a free online franchise education program funded by the ACCC and administered by Griffith University. More.