struggling franchise

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$227m profit despite franchising operations fall at Harvey Norman

28/02/2019

Despite a continuing fall in total network sales, Australian homewares, furniture and electronics retailer Harvey Norman has secured a $222.77m half-yearly profit after tax, up $15.08m on the same period last year.

Harvey Norman shells out $7.8m for struggling franchisee

12/10/2018

The role franchisees play within big retail networks has come under review following reports Harvey Norman shareholders forked out nearly $8m in “tactical support” last year for a struggling franchisee.

Struggling business? Why you might need to use the new ‘Safe Harbour’ provisions.

13/11/2017

Thanks to new Commonwealth legislation directors of struggling franchised businesses now can be more comfortable when trying to get a business back on its feet financially. Here’s how it works…