struggling franchise

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$227m profit despite franchising operations fall at Harvey Norman


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


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.


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…