Business & Commercial Law FAQ - I run a successful business and have restricted capital what I should do to develop it?
Date: March 03, 2011
Q. I run a successful business and am wondering because I have restricted capital what I should do to develop it further?
A. One of the areas which should be looked at is franchising. This allows people with limited capital to expand by growing their capital base provided they have a business model which works and will allow the franchisee to profit from it. There are a number of documents which have to be produced to comply with ASIC’s requirements and these will vary depending upon the business model adopted. In some cases they include leases and licences over premises where a considerable investment is involved.
