Every Franchisor within Australia is required to provide a solvency statement or solvency declaration with their disclosure document under the Franchising Code of Conduct.
If you have not traded for more than 2 full financial years as a Franchisor or your corporate entity has not traded for more than 2 full financial years then a solvency declaration is required.
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Please see below solvency declaration templates:
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Please note if you have traded for 2 full financials years please see link below for solvency statement templates. |
Related articles
Solvency Statement article: Solvency Statement (AUS)
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