Consulting widely with key stakeholders is a critical part of this process. Yes, that is what, based on all the evidence before it, the Committee recommended. Labor is backing the establishment of the taskforce and will act on its recommendations. Stakeholder consultation on the Taskforce’s Issues Paper which sought specific responses to questions across seven major topic areas closed on September 20.
This task force will define what it means for a franchisee to have “equity” in a franchise business, and to secure the rights of business ownership, including rights on termination of the franchise. It is vital that we use this opportunity to develop a fair and effective franchising system that addresses the balance ofpower between franchisees and franchisors and is supported by robust and efficient regulatory structures.
We even adopted two new task forces! In case you missed it, each of these task forces is designed to address and find solutions to a major challenge in the franchising community. Douglas Palmer, the mayor of Trenton, New Jersey, who was head of the task force , wrote My goal is to help us mayors better understand the franchise business world and what it takes to get them started in our communities. (more…)