Aussie franchises make $170 billion a year, but it's not as easy as it looks
- thewilliamsmith
- Jun 14, 2024
- 1 min read
"The marketing they provide gives us enough leads, enough work to actually grow it," McGreevy said.
Franchising is a $170 billion dollar industry in Australia, and when it works well, it gives people the chance to become their own boss and run a lucrative business.
But when it goes wrong, franchisees are trapped running bad or unprofitable businesses, with no way out of expensive and complex contracts.
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