This weekend, went to the Franchising Expo at Melbourne Convention & Exhibition Centre. Franchising is a quick entry into business for foreigners, entering Australia and from the Franchisor point of view, a great Exit Strategy for Investors, who put up money for your business. I had a specific franchise, that I was looking for and was very surprised when I didn't find any there. Was specifically looking for Entertainment and a Sports bar, thought that there would be more of them. O'Reilly Bar has a few in Melbourne, my guess is they operate under a License. The down side of Franchising is that it is quite heavily regulated, in terms of documentation and operating procedures. So ACCC and Small Biz Victoria was out in full force. Coffee, Cleaning and Gym were there in numbers also. Could not pass up the DADDY of Franchise Jim's Franchising and they are everywhere, I don't mean this in a negative way, they know how Franchise works.
Bought a Franchising data base of all Franchise in Australia and New Zealand, should come in handy when I start LOG Inn