Title

Reconceiving the regulation of the franchise sector

Date of this Version

1-1-2008

Document Type

Journal Article

Publication Details

Citation only

Spencer, E. (2008). Reconceiving the regulation of the franchise sector. Macquarie Law Journal, 8, 103-123.

Access the Journal

2008 HERDC submission.

© Copyright Macquarie Law Journal and Elizabeth Spencer, 2008

Abstract

Extract:

The franchising sector contributes an estimated $90 billion per year (about 11%) to the Gross Domestic Product and employs over 600 000 people in Australia, a figure that between 2002 and 2004 increased by about fourteen percent and between 2004 and 2006 by about thirteen percent* Despite its importance to the national economy, there is little reliable evidence of the economic effectiveness of the operation of the sector. Franchising is portrayed by its trade association as a vehicle to transform inexperienced people into successful business owners, with higher success rates than for independent small business.

* See footnote¹ in the Introduction.

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This document has been peer reviewed.