Quantcast
Subscribe to our newsletter

 

 

ACCC sounds warning to franchisors as small businesses get beefed up contract protections

Small businesses will have greater protections for unfair contract terms when new laws come into effect on November 12, and the Australian Competition and Consumer Commission says franchisors in particular should be thinking about how they structure manuals and documents now.

ACCC sounds warning to franchisors as small businesses get beefed up contract protections
smsfadviser logo
  • SmartCompany
  • October 14, 2016
share this article

The change will protect small operators with fewer than 20 staff in situations where a contract is worth $300,000 or less in one year, or up to $1 million for contracts of 12 months or more.

Read the full story at Smart Company.

Receive the latest Public Accountant news,
opinion and features direct to your inbox.

related articles