Why accountants are key for franchisees amid reforms
Podcast episode
About the episode
The franchising industry is a major player in the Australian economy. It collectively employs more than half a million people and turned over about $135.2 billion in 2023, according to the Treasury’s Review of the Franchising Code of Conduct Final Report, released in February 2024.
Yet interest in the sector has waned. According to the report, the total number of franchisees declined by about 5.2 per cent between 2014 and 2023. This is in stark contrast to the broader Australian business population, the report notes, which grew by 28 per cent during the same period.
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INTHEBLACK Out Loud is presented by CPA Australia.
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