Australian Securities and Investments Commission (ASIC) recently published an article titled “Director duties in the context of COVID-19” and in conclusion noted that ASIC will
Too often, Coleman Greig sees franchisees bypass the vital task of conducting their own due diligence prior to buying a franchise on the basis that it is too expensive, or that it delays the sign-up process. Instead of viewing due diligence as an expense to the business, franchisees should view the process as an investment, as it provides critical knowledge required to make calculated decisions.
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