Practice and Procedure Australia

 

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The growth in franchised businesses has been enormous .  Australia is the most franchised country worldwide, with nearly twice as many franchised businesses as America, and three times as many as the United Kingdom. Many banks in Australia will lend money to franchised businesses in preference to conventional businesses established by their owners.  The success rate of franchised businesses is significantly higher than that of businesses started from scratch: about 50% higher. There are many good reasons to get into franchising.