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The Franchise Council of Australia (FCA), a representative body for small businesses in the state, has expressed disappointment over the lack of action taken to address the existing cost and compliance burdens affecting the franchise sector, a vital part of the economy.
Despite these concerns, the FCA reaffirms its commitment to collaborating with the NSW Government to tackle these critical issues. It emphasizes the substantial economic contribution made by the franchise sector to local communities.
FCA CEO Matthew Monaghan stated, “While we understand the challenging circumstances that necessitate difficult decisions, we are disappointed on behalf of our predominantly small business members by the lack of targeted support. Small businesses within the franchise sector play a substantial economic role in their local communities.”
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