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FCA partners with The Australian Franchise Registry (TM)

Written on the 20 April 2016

Media release

The Australian Franchise Registry (TM), operated by Frandata, has announced a formal strategic and business partnership with the Franchise Council of Australia (FCA), the peak body for the franchise sector in Australia.

The partnership will enable the FCA and Frandata, a leading international source of independent franchising information, to work collaboratively for the benefit of both organisations.

Frandata values the support the FCA will provide in securing registrations for the Australian Franchise Registry and promoting its activities.  The partnership will provide the FCA with unique access to Frandata industry information and build on recent initiatives to enhance the public perception of franchising.  It will also enable franchise systems to individually and publicly differentiate themselves in the eyes of regulators, financiers, prospective franchisees and the media should they wish to do so.

The FCA endorses the Australian Franchise Registry (TM) and encourages all FCA franchisor members to complete registration if they have not already done so.

The FCA considers registration with the Franchise Registry to be an important demonstration of the sector's commitment to legal compliance, and also encourages franchise systems to consider some of the enhanced registration options available to registered franchise systems.  These options include displays evidencing the availability of financier information and support of the Workplace Compliance Standard being developed in consultation with industry stakeholders to clarify the respective franchisor and franchisee roles in achieving compliance with workplace laws in a franchised network.

The strategic relationship will enable the FCA to access Frandata information for use in industry submissions, educational activities and to promote franchising's positive contribution to Australia's business landscape.  Access to FCA members, and FCA support for registration on the Australian Franchise Registry alongside FCA membership, will build on the already impressive list of registered brands.

The Australian Franchise Registry (TM), is a voluntary low cost registration platform that enables genuine franchise brands to promote their commitment to compliance and signal the availability of other key stakeholder information. Prospective franchisees, lenders and other key observers of the franchise sector can all search participating brands through the registry's free publicly accessible search function.

FCA members registering before the 30th April will have their contribution to better information acknowledged in Frandata's next report on the Australian Franchise Sector (scheduled for release in June, 2016).

Call 02 8346 6093 or visit www.thefranchiseregistry.com.au to learn more.

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