Franchise Articles

Dec 31, 2018

4 Things to Do Before Your Canadian Franchisor...

When you are serious about buying a franchise in Canada, you will have to have an interview with the franchisor you're considering before you're able to sign on. As with any other interview, you...

Dec 20, 2018

When Will My Canadian Franchise Turn a Profit?

The timeline for a franchise's profitability is normally at the forefront of any prospective or new franchisee's mind. This makes sense; you invested time and money into the franchise, so you want...

Dec 17, 2018

4 Questions Franchisees Forget to Ask

Buying your own Canadian franchise is a big investment and you shouldn't leave any stone unturned, but applicants often do. Before you make your final decision, ask the franchisors you're...

Dec 13, 2018

Is Your Franchise Disaster-Ready?

As last summer's tornadoes in Gatineau and Ottawa have demonstrated, a disaster can strike at any time. Any natural event, from blizzards to ice storms, can level your franchise business in...

Dec 7, 2018

Negotiate Your Commercial Lease

Which franchise concept is best for you? Will you be a sole franchisee or will you have a business partner? Where will you locate? What will your desired franchisor provide to you as a...

Dec 3, 2018

Ease Your Business Fears with a Franchise

When you are dreaming about owning your own business, one obstacle in your way can be your own natural fear. Starting a new business can be a scary prospect as you are usually risking your own money...

Nov 27, 2018

3 Stages of a Franchise Business

Owning a business is a journey, and it comes in stages. You have to think about it, research, and accept that life will change from the minute you make that final decision to move forward. If...

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...

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