Many small business operators are franchisees nowadays

Many small business operators are franchisees nowadays. Buying a franchise is one of the popular means to start a small business in Australia.

The overwhelming majority of people who are attracted to franchising are first-timers in business who are drawn by the branding, support and infrastructure provided by a franchise chain. Interestingly enough, I have seen so many newly arrived migrants attending the Franchising Expo at the Jeff's Shed (Melbourne Exhibition Centre).

PricewaterhouseCoopers once again provided a snapshot on the franchising sector here in Australia. Apparently, franchisees are enjoying a good time with revenue grown by 6% in the last 12 months and will continue to grow.

Access the 2012 full report Franchise Sector Indicator here.