What do you think is currently the biggest challenge for the franchising industry?

The main problem for the industry as a whole is the stain on its credibility caused by unethical operators marketing unprofitable business systems under the guise of franchises when they are clearly not. In franchise news, FASA attempts to eliminate such operators by maintaining strict ethical and operating standards amongst its members. However, at this […]


The main problem for the industry as a whole is the stain on its credibility caused by unethical operators marketing unprofitable business systems under the guise of franchises when they are clearly not.

In franchise news, FASA attempts to eliminate such operators by maintaining strict ethical and operating standards amongst its members. However, at this moment in time franchising is not regulated by government as it is in other countries and, as such, FASA is a voluntary organisation.

Derek Smith
About the Author
Derek Smith is the owner of Hot Dog Cafe and the elected FASA chairman for 2013.

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