Franchise Articles

Nov 23, 2018

6 Franchise Business Plan Must-Haves

Your business plan for your Canadian franchisor is your blueprint for success, and it is also something lenders will consider when evaluating your loan application. If you haven't made a business...

Nov 17, 2018

Planning Your Goals as a Canadian Franchisee

Annual planning is the common ingredient found among successful franchisees. After all, if you don't plan for it, it's probably not getting done. Whether you create your annual plan as a Canadian...

Nov 13, 2018

4 Unsung Heroes of Canadian Franchise Selection

There are a lot of different ways to research when seeking the right Canadian franchise for you. You probably already have the basics down, such as industry statistics and the company's online...

Nov 6, 2018

Examining the Canadian Employment Franchise

One overlooked area of Canadian franchises is the employment or executive search agency. Not only do these firms help people find jobs and employers find workers, but many of them fit the mix of...

Nov 1, 2018

Make Your Franchise's Opening Truly Grand

Your franchise location's grand opening is a pretty big deal. Because there are a lot of brands across Canada, you'll want to stir up interest and excitement in your new business to draw the...

Oct 22, 2018

4 Canadian Franchise Trends Emerging Right Now

Knowing what's in now and what's about to trend in the Canadian franchise industry can help you chose your brand during the selection process. Trends may not last forever, but they can indicate...

Oct 15, 2018

9 Negotiating Strategies for Reducing Rental Rates

Franchise tenants should not be afraid to negotiate assertively on the rental rate. So why do franchise tenants have such difficulty in this area? Frequently, the answer is a simple unawareness...

Oct 12, 2018

Franchise Cold Feet? Maybe It's Time to Get Back...

If you've been considering becoming a franchisee in Canada but find yourself still a little unsure, it could be time for a little education outside of the franchise disclosure documents you've...

Oct 6, 2018

3 Markers of a Flourishing Canadian Franchise

It is true that the Canadian franchises that tend to succeed over the long term come from the tried-and-true sectors such as home services, food, hotels and restaurants. At the same time, the...

Oct 1, 2018

Are You Really Ready to Meet Your Canadian...

When you are going to meet with your franchisor for your interview, it's almost like being a job seeker meeting a potential boss. You will be in control of your franchise location to some...

Sep 26, 2018

Canadian Franchise Termination: What You Need to...

It pays to know what type of notice a franchisor must give you to terminate your agreement with them. You do have rights in this situation and may be able to keep your agreement active in some...

Sep 18, 2018

Exploring Niche Franchises: Vegans in Canada

When it comes to Canadian food franchises, there's more to them than just cooking some dishes. Today's Canadian eaters are more in tune with their preferences and tastes than before, which is why...

Sep 14, 2018

Pest Control in Canada: Your Next Franchise?

Although it might not be at the immediate top of anyone's Canadian franchise search list, the area of pest control can be a solid business. The Government of Canada reports that in 2016, 86...

Sep 11, 2018

Considering a Foreign Franchise Expanding Into...

More and more franchises from other countries, particularly the US, are coming to Canada. If a foreign franchise opportunity has caught your eye, here's what you should know before you sign any...

Sep 4, 2018

Penalty Clauses and Your Franchise Agreement

Penalty clauses are an often-overlooked but important aspect of any franchise agreement, particularly in the areas of Canada that do not currently have franchise legislation in place. Despite the...

Aug 29, 2018

Valuing Your Canadian Franchise Picks

Assigning a value to a Canadian franchisor is similar to the valuation of other business types in several ways, namely a function of cash flow level forecasting with the risks associated with that...

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