Thinking About Cross-Border Franchising? US Brands are Becoming More Transparent
The International Franchise Association (IFA) reports that US franchises are providing more financial performance information on their disclosures, which is great news for Canadians. Read on.
How Much Does a Franchise Really Cost?
One of the most important areas of Canadian franchise research is the price tag. It's only natural to want to know how much you can expect to invest and pay out over time in any given business. While there may be some…
All About The Advertising Fee
One thing you will come across when researching Canadian franchisees is the concept of the advertising fee. Generally, this is a maintained bank account handled by the franchisor to which all franchisees contribute fe…
Canadian Franchisee Training: What You Need to Know
Proper training is important in any job or business, but it is especially crucial for success in a Canadian franchise. For a franchise location to work, there has to be the consistency customers have come to know and…
BioGreen Solutions' Biosports.team and Judo Canada Partner for Healthier Sports Facilities
Judo Canada recently announced it has made an agreement with its very first private sponsor, biosports.team. Learn more here.
Do You Need a Franchise Consultant?
A franchise consultant tends to be an underused resource. This is a professional who helps you find the right opportunity and can guide you through parts of the franchise process. If you're having trouble finding your…
What If You Buy a Franchise But Can’t Find A Suitable Location or Space to Lease?
As The Lease Coach, we routinely hear from franchisees that have begun working with a franchisor but cannot find a site for their new business. Learn more.
7 People You'll Meet on the Road to Your Canadian Franchise
As a Canadian prospective franchisee, you'll meet many different people during the sales process. While some franchisers will have one person filling several roles and others will have separate people for each role, c…
Reading Between the Lines on an Financial Disclosure Document
A financial disclosure document (FDD) from a Canadian franchise is one of the most important documents you’ll see during your brand search. Before you invest your loonies, here are some tips to help you read a FDD lik…
Ontario’s Recent Reward Points Move
Reward programs are found in many Canadian franchise businesses, from restaurants to retailers and service providers. These programs entice customers to return and buy more while helping to increase a brand’s visibili…
4 Things Canadian Franchisees Overlook When Buying a US Franchise
There are many US brands operating successfully in Canada today across several industries. If a US franchise has caught your eye, however, you need to do some homework beyond the typical research. There are some speci…
BC’s Franchises Act Came Into Force On February 1, 2017
This new legislation has been assembled over the past 4 years in an effort to level the negotiation positions of both Franchisors and prospective franchisees. In most cases, prospective franchisees are not as business…
5 Tips for Negotiating Your Canadian Franchise Deal
Negotiation is a big part of the Canadian franchise purchase process. If you're successful at it, you will probably start out your new business with better terms and more benefits than someone who is not as skilled. E…
Canadian Franchise Law Changes
Canadian Franchise Law Changes: 2016 in Review Portions of this contributed by Chad Finkelstein from his Financial Post article (http://business.financialpost.com/entrepreneur/franchise-focus/new-regulations-on-the-bo…
Franchise Resales: What to Expect
In your franchise search, you may have come across resales. These are already operating, existing locations being offered for sale by a current franchisee. In franchise agreements, there is no one-size-fits all set of…
Buying a US Franchise for Canada: What to Know
Buying a US Franchise for Canada: What to Know Whether the franchise you're considering is headquartered in Alberta or Atlanta, many of the aspects of franchise buying will be the same. However, there are some special…
Canadian Franchise Lingo
Canadian Franchise Lingo: Demystifying the Jargon You've probably come across quite a few industry terms while investigating Canadian franchise brands. Some of them are self-explanatory or easy enough to understand, b…
Termination Provisions
Termination Provisions: Do You Know How You Could Lose Your Canadian Franchise? A franchise agreement is an incredibly important document. This is the contract you’ll sign with the franchisor that contains all the ter…
British Columbia's New Franchise Rules Increase Protection for Franchisees
The new Franchises Act of British Columbia is going to take effect on February 1, 2017, making the "Pacific Province" the sixth province to regulate the industry in Canada.
Recent Ruling Challenges Longstanding Franchise Location Practice
As reported by Mondaq (www.mondaq.com ), a recent Ontario Superior Court of Justice ruling may have a significant impact on the practice of franchise location selection after an agreement has been signed. Currently, m…
Electronic Disclosure Finally Coming to Ontario
The National Law Review reports that long-awaited changes are coming to the ways franchisors are allowed to deliver their disclosure to franchisees in Ontario. Previously, Ontario's laws required franchisors to delive…
What to Know About a U.S. Franchise in Canada
While Canada certainly has many successful franchise systems that were founded and grew at home, many brands born in the U.S. are quite familiar to Canadians. Therefore, you may be thinking about opening a franchise l…
Saskatoon: A Franchise Location to Seriously Consider
The Saskatchewan city of Saskatoon is now the third best place to do business in Canada according to a recent ranking by Canadian Business Magazine. The publication used more than 20 different factors to create its gr…
Franchisees and the Ontario Retirement Pension Plan Act (ORPP)
As reported by CBC News, Ontario just passed the Ontario Retirement Pension Plan Act at the beginning of June (http://www.cbc.ca ) . If you're planning to buy a franchise in the Ontario area, here's what you should kn…