Funding Your Franchise Without the Bank
The franchise process in Canada has many moving parts, and one that sometimes proves to be troublesome for some prospective franchisees is the financing. You need to be able to survive while your business grows, so em…
Boston Pizza Focuses Its Expansion on Ontario and Eastern Canada
Boston Pizza, Canada's largest casual dining restaurant franchise continues its emphasis on expansion in Ontario and Eastern Canada. Learn more about it here.
Low-Cost Canadian Franchises: Points to Consider
When you're taking a look at all the Canadian franchises that are available, price is always going to be somewhat high on your list. When you're looking at entry cost, you're really considering how well you can manage…
The Franchise Advisory Council
All About the Franchise Advisory Council As you research Canadian franchise brands, you'll take in a lot of information about each opportunity. One thing you might have come across is the Franchise Advisory Council (F…
The Earnings Projection: What to Consider
As a prospective Canadian franchisee, you're naturally investigating more than one brand. One specific question that always comes up in a franchise search is the return on investment (ROI), which is essentially how mu…
Finding Your Dream Canadian Franchise Business Partner
Going into a Canadian franchise by yourself can feel daunting, which is why some people take on a partner. Having someone else working with you as an equal in the business can boost your chances of success, but only i…
The Franchise Salesperson Edition: 5 Burning Questions
There are many franchise brands in Canada today across multiple industries, so you have a pretty healthy selection when you decide to go into business for yourself. One of the first serious connections you'll have wit…
4 Frighteningly Common Financing Flubs
If you can't make your Canadian franchise dreams happen because of funding, you do have options in the form of loans. Naturally, this move does come with risks, so you need to be aware of the following common financin…
NHANCE Ontario, Canada Master Franchise First Annual Convention 2017
NHance Ontario , Canada Master Franchise, held its first annual, 3 day convention in April 2017. The event was a great success, bringing together all the franchisees to meet and learn from the NHance Master Franchise…
3 Financing Flubs Canadian Franchisees Can't Afford to Make
With it comes to franchises in Canada, funding can be a barrier for some people. With financing, however, you can land the right franchise without struggling from the start or never even getting off the ground as long…
Crunch Your Canadian Franchise Numbers
Canada is home to a large number of franchises. The Canadian Franchise Association reports that there are currently around 1,300 brands operating in the country across multiple industries (https://www.cfa.ca/tools_res…
Franchise Equipment: What's Your Plan?
Once you've done all your homework and found the right Canadian franchise for you, there are still a lot of things to think about. One area in particular that doesn't get enough attention is equipment, specifically th…
Is the Canada Small Business Financing Program Right for You?
You don't have to add to the uncertainty surrounding starting a new Canadian franchise business by not having a clear financing path lined up. While you can do things like borrow against your home or retirement accoun…
Three Canadian Franchise Myths
Becoming a franchisee is a huge commitment that impacts both a franchisee's personal and financial lives, so it's no wonder that many people invest a lot of time and research into it before making any commitments. Aft…
Express Employment Professionals Eyeing Canadian Expansion
Express Employment Professionals Eyeing Canadian Expansion Rapidly growing staffing agency Express Employment Professionals is seeing a spike in demand for offices across Canada as more and more job seekers and busine…
Public Speaking
Like singing, public speaking is a performance. Your goal is to win opinion and to inspire action for your business or cause. Perhaps it's your business plan, and you are presenting it to a group of potential investor…
Should You Buy a Franchise or Get a Job?
Even though the concept of franchising was designed to make owning a business a reality for people who aren't able to start one on their own, it's become an opportunity for those who simply can't find a job they enjoy…
The Do's of Developing Your Business Plan
A business plan is more than just documentation your lender requires for financing. Your business plan is like a blueprint for long-term success, as it gives you a written breakdown of your goals, strategies, and the…
The Perils Of Falling In Love!
We are not talking about romantic entanglements between individuals - we will not even pretend we know anything about that. We are referring to the phenomenon where business people fall head over heels in love with th…
Questions That a Prospective Franchisee Should Ask a Franchisor
It is absolutely prudent to ask the Franchisor as many questions as necessary to ensure that you understand the complete picture of the franchise arrangement and relationship, after all you are entering into a partner…
Understanding ‘Net Worth’ and Unencumbered Capital’
Before you start your search for a franchise you will need to calculate your net worth and unencumbered capital. Many advertisements for franchise opportunities state that you will need a minimum level of unencumbered…