The franchising sector has been the focus of a number of recent high-profile investigations around payroll and underpayment issues.
In response to this, the Federal Government introduced its Fair Work Amendment (Protecting Vulnerable Workers Bill) into the House of Representatives in March to crack down on future breaches.
With these legislative changes coming soon, how can you prepare or improve your own franchise systems now?
Are your current franchise systems working for or against you in this regard?
In its latest webinar presented in conjunction with the Asia-Pacific Centre for Franchising Excellence, BDO will help to answer this question by putting the spotlight on the systems and processes that must be top of mind for all franchise groups.
This special webinar, to be held on 24 May, will see BDO’s franchise experts Randall Bryson and Jason Daniels examine recent case studies and the simple ways that franchisors can take a systematic approach to risk management in this area before it’s too late.
The webinar will cover:
- What solutions that others in the sector are using
- What your key stakeholders, such as banks and company auditors, will be asking you; and
- What compliance basics you need to get right. In the highly competitive franchising market, success depends on swift management decisions, solid relationships between franchisees and franchisors, and efficient systems and processes.
The BDO webinar will focus on the importance of having the right systems in place that can help to prepare franchisors for the new regulatory environment in which they will operate.
BDO is a global professional services firm that service a diverse range of clients, from large corporate organisations to private businesses, entrepreneurs and individuals across a broad array of industry sectors.