Risk Management Assessment (RMA) was formed by experienced professionals in the Occupational Health and Safety/ Work Place Health and Safety (OHS/WHS) and specialist Insurance industries.
They identified that the majority of franchised businesses were not addressing many of their mandatory legal and best practice obligations leaving all parties widely exposed to financial and legal liabilities.
Every business in Australia must, by law, address its OHS/WHS obligations, including franchise, licence holder or co-operative organisations as well as their members/offices. Other risk management obligations are just as critical. Head Offices rely on their remote offices to ‘do the right thing’ by the brand, but this is not always the case!
The judicial system now relentlessly apportions partial blame in the event insufficient action is being taken to address OHS/WHS or other risk management issues by a Head Office or a franchisee, licensee or co-op member. Fines are being issued following incidents and accidents.
RMA has brought together expert professionals in the prime areas affecting risk management to develop the most comprehensive assessment program aimed to assist Head Offices and franchisees/members in a variety of industries to mitigate their financial and legal liability and exposure to risks.
Professionals contributing to this program include those specialising in
- OHS/WHS
- Human Resources and Award payments/conditions
- Real Estate training, compliance, licensing
- Business and personal insurance
- Work Cover
These experts are able to provide on going advice and guidance to any franchisee/member wishing to enlist their support through RMA.
RMA provides feedback to all the franchisees/members undertaking the assessment. It is directed to focusing on which areas need the most urgent attention, their ‘business’ rankings against benchmarks and how to go about remedying those issues needing attention.
Most importantly, the program is aimed at improving the risk management culture and conduct within each franchisee’s/member’s business.