Information Statement for Prospective Franchisees | Australia

Gather the information you need to evaluate a potential franchisee with this Franchisee Confidential Evaluation Application form for Australian franchises.

• The application form gathers information about the applicant, which allows the franchisor to conduct:
  • an evaluation of the skills and expertise of the potential franchisee, based on employment background and management history;
  • a verification of the applicant's financial resources by performing credit checks and other searches, based on financial information provided;
  • an assessment of the overall capabilities of the applicant.
• The form is available in MS Word format and is fully editable.
• Drafted for use in Australia.

Provide a long form franchise disclosure document to your franchisees and potential franchisees with this free Annexure 1, in accordance with the Australia Franchising Code of Conduct.

• All franchisors operating in Australia, whether domestic or foreign, must comply with the requirements of the Code.
• The long form disclosure applies to businesses with an actual or expected annual turnover of $50,000 or more at any time during the term of the franchise.
• The disclosure form provides franchisees or potential franchisees with detailed information about the corporation, the business, the franchise agreement, financial history, etc to help them make an informed decision with respect to buying a franchise or renewing an existing agreement.
• The disclosure document must be provided to the franchisee at least 14 days before they sign a franchise agreement, along with a copy of the agreement and the Code.

This Australia Long Form Franchise Disclosure Document is Annexure 1 to the Franchising Code of Conduct. Updated to reflect 2010 amendments.