Diploma of Franchising | Asset College | RPL & Online

Diploma of Franchising

Diploma of Franchising applies to the franchisor, providing successful applicants with the skills and knowledge to become a franchisor of one or more sites.

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BSB50515 Diploma of Franchising

Franchising is one of the fastest, most cost-effective and safest ways to grow your business or start a new business. Asset College has successfully franchised our business and has developed these courses to help others do the same. If you are looking at franchising your business and don’t know where to start the Diploma of Franchising will help you to understand the requirements and develop your franchise strategy.

This qualification reflects the role of individuals who act as franchisors. A franchisor licenses trademarks, and tried and proven methods of doing business to a franchisee in exchange for a recurring payment, and usually a percentage piece of gross sales or gross profits as well as the annual fees. This qualification applies to the franchisor, while the BSB40715 Certificate IV in Franchising applies to the franchisee.

Course Outcomes

Upon successful completion of this course a Diploma of Franchising (BSB50515) will be awarded. This is suited to those looking to begin careers in the following roles:

Entry Requirements

This qualification requires no prerequisite units. It is however expected that participants are able to display sufficient English language, literacy, and numeracy skills at a year 12 level or equivalent.

Basic computer skills are required for this qualification.

Prior to enrolment participants may choose to undertake an LLN assessment.
Find out your LLN level now!

Units of Competency

The Diploma of Franchising includes a total of 8 units.
This qualification has no core units.

Elective Units*

  • BSBFRA501 Establish a franchise operation
  • BSBFRA502 Manage a franchise operation
  • BSBFRA503 Manage establishment of new sites or regions
  • BSBFRA504 Manage relationships with franchisees
  • BSBFRA505 Manage closure of a franchise
  • BSBMGT516 Facilitate continuous improvement

  • BSBPMG522 Undertake project work

  • BSBRSK501 Manage risk

*Alternate elective units may be available upon request, but are not guaranteed. The elective units selected must meet the training package rules for the qualification. To find out more about electives for this qualification please visit training.gov.au. 

Delivery Options

OPTION 1 – Study Online
Enrol at any time! Study where and when it suits you by using our interactive eLearning platform. You will have 12 months to complete this course at your own pace. Everybody learns at different rates and therefore participants may take less time to complete the qualification – this all depends on how much time a student has to dedicate to study.

OPTION 2 – Study Online at our Facilities
Enrol at any time! You can complete the same online course at our facilities using our resources and equipment at no extra cost. We will also have staff available to provide additional support if required. Note: Subject to availability, bookings are essential.

OPTION 3 – Study in Class
Although we do not generally offer this course in-class we can schedule a 5 or 10 day face-to-face workshop for groups of 5 or more students. Note that there may be additional work required following the workshop.

OPTION 4 – Recognition of Prior Learning (RPL)
If you already have skills and experience relevant to this qualification you may be eligible for RPL. Contact us for a Free Skills Assessment to determine if this is the right option for you. Find out more about our RPL Process.


Suggested pathways for further study after completion of this qualification include:

Course Fees

Course fees vary depending on the location and delivery mode of the course.


Recognition of Prior Learning (RPL)
Payment Plans available


“I just received my Diploma in the mail and I must say that I was pleasantly surprised with the folding cover it came in. I have received many qualifications in the past, but never one with such a nice presentation as this, at least never unsolicited. It just shows class on your part!

Please don’t change, it’s refreshing to see that someone still cares about the way they do things!”

Salvatore Gambacorta

Course Information

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