Franchise Articles

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...

Aug 20, 2018

Commercial Leasing “101” for Franchise Tenants

As we emphasize in our new book, Negotiating Commercial Leases & Renewals FOR DUMMIES, starting the leasing process in the right direction is critical if you want to achieve the best results....

Aug 15, 2018

3 Things to Consider When Franchising on a Budget

If you're ready to get your own Canadian franchise but aren't sure whether you can afford the investment, keep reading. It may be possible if you know where to look and what you're up against....

Aug 10, 2018

Things to Ask The Franchisor About Franchise...

Canadian franchises, like many other businesses, use discounts, sales and promos to bring in customers and gain an edge over the competition. Whether it's an occasional two-for-one promo or...

Aug 7, 2018

4 Things All Prospective Restaurant Franchisees...

Must Do List Buying a restaurant franchise in Canada is a serious investment and a big step that will impact your life and your finances for years to come. Before you sign any agreements, you'll...

Jul 31, 2018

Canadian Business Types: Fully Explore All of Your...

There are distinct pros and cons to the different types of business ownership. Before you invest in a Canadian franchise, take the time to learn more about all of the options for your new...

Jul 27, 2018

6 Leasing Tips for Franchisee Tenants

Readers of our book, Negotiating Commercial Leases & Renewals FOR DUMMIES will learn, in-part, that there is much more to commercial leasing than meets the eye! Before you even think of...

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