Aussie franchises make $170 billion a year, but is it worth it?

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Aussie franchises make $170 billion a year, but is it worth it?
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When it works it goes well, but when it doesn't, there's no way out.

It started with odd gardening jobs during university, but now 25-year-old Conor McGreevy has grown his business to include nine staff, four utes and a removal truck.He bought into Jim's Mowing in 2020, and says the brand recognition and training the franchise provides has helped him grow his customer base."The marketing they provide gives us enough leads, enough work to actually grow it," McGreevy said.

Jim's Mowing founder Jim Penman has serious concerns about the sector, saying regulations protect big business, not hard-working franchisees. "I thought it would be quite an honest and high-integrity company," said Mirdjonov. "It was pretty much my lifetime investment going through the bin."

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