F45 to cut 110 staff worldwide, lose Australian CEO and co-founder after brutal earnings update
The cuts come as the Australian-born fitness giant drastically downgrades its growth forecasts and revenue projections due to "macroeconomic uncertainty".
ACCC takes Ultra Tune back to court over allegations it breached franchising orders
Car repair business Ultra Tune has again found itself facing legal action from Australia’s competition and consumer watchdog in relation to its dealings with franchisees.
From one store to $30 million in revenue: Fitstop on how to successfully franchise a business
Peter Hull turned a small group workout session into a 81-store franchise business, and here he shares lessons on building systems, managing conflict, and picking the best tech.
New Zealand’s Hell Pizza prepares to take a slice of the Australian market
The Kiwi gourmet food chain plans to grow its footprint across Queensland to test the market before expanding nationwide.
My biggest mistake: Diana Williams, founder of Fernwood Fitness
Fernwood Fitness founder Diana Williams reveals the impact of franchising too fast without capital or the right expertise, and the steps the business took to hit the right speed.
7-Eleven ordered to pay $595,000 after misleading franchisee over lease terms
The retailer was found to have breached the Australian Consumer Law in its pre-purchase dealings with a couple who bought the 7-Eleven Heathmont store in 2015.
Franchise code breaches could now result in $10 million fines
Businesses that are found to have breached the franchising code now face potential fines of up to $10 million, as part of continued efforts to stamp out bad behaviour in the sector.
The Cheesecake Shop bought by Aussie investment firm River Capital
The Cheesecake Shop, with its more than 220 stores across Australia and New Zealand, is set to have new owners.
Competition watchdog urges franchisors to ‘consult’ with franchisees wanting to exit
The competition regulator has warned franchisors of their legal obligations now that reforms to the $180 billion sector have come into effect.
Michel’s Patisserie franchisees seek millions in lawsuit over “disgusting” foods
The lawsuit alleges franchisees were promised that a shift from daily deliveries of fresh food to twice-weekly packages of frozen goods would save money.
Government proposes franchising register to make $180 billion sector fairer
The federal government has released plans to improve transparency in the $180 billion franchising sector that's often plagued with disputes between franchisees and franchisors.
In2Food still looking for franchises, as document reveals $53 million is owed to creditors
Food wholesaler In2Food is advertising for new franchisees to join the business, as documents filed with the corporate regulator shows the business owes more than $53 million to creditors.