Renewing or extending a Franchise – what’s the difference?

A review of the Franchising Code of Conduct  (Code) in regarding the end of term arrangements that apply to ‘renewing’ and ‘extending’ can be somewhat confusing. There are two options for continuing the franchise relationship at the end of the initial term, namely:

  • to renew (Renewed); or
  • to extend (Extended);

the Franchise Agreement. [Read more…]

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