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Franchise Council of Australia allegedly racks up $1.32m in loss
The group will hold its AGM on 28 November.
The Franchise Council of Australia has racked up a $1.32m loss according to a report by Sarah Stowe published in Franchise Executives.
The report alleged that the group’s consolidated financial statement showed a revenue of $2,547,956. However, expenses rose from $2,572,603 last year to $3,870,529 this year.
The FCA said they cannot comment at this time.
The FCA will hold its AGM on 28 November.
