Thursday 18 October

Australian universities may not yet be in the same entrepreneurial league as their US counterparts, which have seen the on-campus creation of Facebook among many other storied businesses.

But there is increasing recognition of the innovation coming out of our universities, as further evidenced by today’s news of a $2.3 million investment in a Melbourne University-backed venture that’s just one year old.

Our franchising sector may have a few more critics than our university system, but there are some undeniable advantages to becoming a franchisee. Business advisor Marc Peskett picks out five of the best.