Hey All,
I have been running my franchise business for the past five years and it has been a smooth ride for me. I started my career without any knowledge about the industry. However, I started to understand how it was necessary to learn about these things before entering into a legally binding contract. You must know how a franchise works and what the obligations of the franchisor and the franchisee are. Also, you must know about the Franchising Code of Conduct. It will help you understand your responsibilities and the laws that make the process regulated in Australia. To know more about these provisions, check out the article shared below. https://www.franchise2sell.com.au/blogs/franchise/a-complete-guide-to-franchising-in-australia
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Tyro Payments (ASX: TYR) has decided to put to bed a class action brought by disgruntled merchants at the end of 2021 by offering a settlement ahead of the matter going to court.
Tyro announced this morning that it had reached the settlement following a court-ordered mediation. The Federal Court class action was initiated after merchants claimed financial losses following a three-week outage of Tyro’s EFTPOS machines in January 2021. Read More: https://www.businessnewsaustralia.com/articles/tyro-payments-settles-merchant-class-action-claim-over-system-outage-in-2021.html In the words of venture capitalist Vinod Khosla, an entrepreneur and early backer of technologies that shaped internet infrastructure, not to mention his speculative punt on plant-based success story Impossible Foods, “If everyone played it safe, we wouldn’t get anywhere.”
It takes guts to spearhead your own company, whether that is manifested in a bold, long-term vision others may deem unreasonable, or a business with more immediate horizons to scale and make an impact. In a time when some purse strings have tightened and valuations have been crunched against a backdrop of inflation and higher interest rates, perhaps a more sober outlook will reign in the startup universe, placing greater emphasis on cash flow, but for the most innovative of entrepreneurs who can prove their business nous with the right teams and supporters, opportunities abound. Read More: https://www.businessnewsaustralia.com/articles/australia-s-top-100-young-entrepreneurs-revealed.html |
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February 2024
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