



Australians have been familiar with franchising since it was popularised by the appearance of giant golden arches that began springing up across the country nearly 50 years ago.

Over the years, the business format has provided an opportunity for those tempted by the idea of running a small business to set up and operate within a branded framework.

The benefits for both sides made the format attractive – a company looking at growing its presence could provide a tried and trusted framework, training and support for small business hopefuls looking to start their own venture. Risk could be shared on both sides.

Over the last two decades franchising has developed into a mainstream format that employs about 500,000 people in Australia, having expanded to include virtually every product and service business – from doughnuts to coffee, from spectacles to gyms. Mum and dad investors over 50 have been a common entrant into the world of franchising, often diving into their super to fund the dream of working for themselves.