HIST 426- Business Law and Due Diligence: Report
Added on 2020-03-07
14 Pages3385 Words216 Views
Running head: BUSINESS LAW AND DUE DILIGENCEBusiness Law and Due DiligenceName of the StudentName of the UniversityAuthor Note
1BUSINESS LAW AND DUE DILIGENCEExecutive Summary:Franchisor disappointment is persisting and essential as far as cost, broadly and universally. Thisreport will give a brief idea of the legal compliance that the Domino’s pizza has to meet tocommence its business in Australia. The subject matter will also give the readers an idea aboutthe legal implications or consequences faced by the similar business enterprise for non-compliance of the provisions of the legislations of Australia. The report will act as a guidelinefor the new entrant of similar business entity. The report shows that what legal provisions abusiness entity like Domino’s Pizza is required to comply and should have due diligence aboutthe legal requirements before entering into the trade. Domino’s has been involved in the businessof franchisee and thus has to be guided by the legislation of Australia. The research in this paperhas been made on the basis of the implications and the consequences faced by Domino’s Pizzawhich is one of the leading franchising business enterprises in the world. In Australia,franchisees remain a hostage, monetarily dedicated counterparty amid bankruptcy andconceivably convey an awesome money related advantage to the franchisor's creditors. Thearticle reasons that organization of franchisors does not consider the particular connectionamongst franchisors and their franchisees and gives strategy suggestions to address this issue.
2BUSINESS LAW AND DUE DILIGENCETable of ContentsIntroduction:....................................................................................................................................3Literature Review:...........................................................................................................................3Introduction to the Literature:..........................................................................................................4Review industry best practice models:............................................................................................6Conceptual model............................................................................................................................7Methodology:...................................................................................................................................7Summary:.........................................................................................................................................9Reference:......................................................................................................................................12
3BUSINESS LAW AND DUE DILIGENCEIntroduction:Domino's Pizza Enterprises Limited (DPE) is the biggest pizza chain in Australiaregarding system store numbers and system deals, and the biggest franchisee for the brand on theplanet. DPE is the select ace establishment for the Domino’s image organizes in Australia.Over these business sectors, DPE has more than 1900 stores. In May 2005 DPE turned into themain freely recorded pizza organization in Australia. The primary Domino's store to open inAustralia was in Springwood, Queensland, in 1983, and was the principal pizza producer inAustralia to offer home conveyance. The Australian and New Zealand Master Franchise waspurchased by Silvio's Dial-a-Pizza in 1993 and in 1995 the two brands combined and rebrandedas Domino's Pizza. In February 2017, The Sydney Morning Herald revealed gainfulness issueswith various establishments and that various Dominos stores in Australia had occupied withacross the board underpayment of wages and think underpayment of punishments (Ramaseshan,Rabbanee & Burford,2017).Literature Review: The previous couple of many years of research have focused on the remarkable qualitiesof diversifying, for example, legally binding courses of action, the nature of the diversifyingrelationship, monetary motivators for diversifying, and extension techniques. Most considerationhas been given to the positive advantages of diversifying to the economy, private venture, andcustomers. A few scientists have additionally investigated the negative parts of diversifying,including diversifying relationship struggle.
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