Solvency Statement (AUS)
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 traded for more than 2 full financial years as a Franchisor or your corporate entity has traded for more than 2 full financial years.
Please see below Solvency Statement templates:
Franchisors Statement of Solvency (corporate entity).docx
Franchisors Statement of Solvency (Non-corporate entity).docx
Please note if you have not traded for 2 full financials years please see link below for solvency declaration templates.
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Solvency Declaration article: Solvency Declaration (AUS)