Franchise Articles

Aug 8, 2023

5 reasons you should employ an accountant

When you become a franchisee, you also become a business owner, and that opens you up to tax liabilities and financial accounting responsibilities, particularly if you are employing staff. For...

Aug 1, 2023

Reasons You Should Consider Joining A Pet...

It is estimated that 56% [1] of Canadian households have at least one pet, and they spend around $2,500 [2] per pet per year to keep their animal in the best possible health. This means that...

Jul 27, 2023

The Pros and Cons of Seasonal Franchises

While many franchises, such as food, beauty and cleaning businesses, operate year round, there are others that are seasonal and therefore ideally suited to entrepreneurs who only want to work for...

Jul 24, 2023

Canadian Food Franchises - 3 Points to Consider

You've likely eaten out during the pandemic, taking your food to go or having it delivered, and you're certainly not alone. Many food franchises thrived during this time, and it has made them an...

Jul 17, 2023

The Cost Of Living Crisis - How To Weather The...

This year has been disastrous for individuals and businesses alike, who have seen the Bank of Canada raise interest rates six times since March 2022. With the bank warning that rates are...

Jul 11, 2023

5 Tips For Choosing A Franchise Industry Sector

Whether you are already a business owner or you're an employee looking to become your own boss, franchising offers exciting opportunities to run your own business with the backing and...

Jun 29, 2023

Summer Break - Finding A Work Life Balance

Having children off school for the summer presents both benefits and challenges to every family, but it can be especially difficult for those who run a franchise. On one hand, running a...

Jun 22, 2023

Canadian Cleaning Franchise: Are These...

Cleaning is one franchise industry that has actually held pretty steady in Canada, and it's not hard to see why. People at home and businesses need cleaning services regularly, and many are...

Jun 15, 2023

Some Businesses Should Not Be Franchised

If you run a business and are thinking of ways to grow it and make it more profitable, you may think that franchising it would be an easy way of accomplishing this. Franchising is often a smart...

Jun 13, 2023

Family-Friendly Franchising

Many franchises are ideally suited to those with families, offering the flexibility of working during school hours and being able to take time off when necessary. Being your own boss, setting...

Jun 5, 2023

Opportunities In The Property Maintenance Sector

The rising costs of rental properties could signify an opportunity for savvy investors. With CBC reporting up to an 18% increase in the cost of renting a property [1], many property investors...

May 23, 2023

How to terminate a franchise agreement

Although a franchisor will give you the tools, marketing material and network you need to make a success of your new business venture, there are occasions when things might not go the way you...

May 16, 2023

How to finance a franchise

Unless you have enough personal savings to finance your franchise dreams, you will most likely need to seek funding from a lender, investor or government-backed entrepreneur program. Whichever...

May 8, 2023

Celebrating Sustainability

Business sustainability is important. To be successful, a business must make long-term plans to ensure that it remains financially sustainable, meeting the needs of its customers and delivering...

Apr 24, 2023

Technology Franchises

May 11 marks the annual National Technology Day, where businesses and individuals from all walks of life can celebrate technological advances and consider ways in which technology can be...

Apr 20, 2023

Interesting Franchising Statistics

Franchising has an enormous impact on the Canadian economy, with approximately 45% of retail sales in the country being attributed to a franchised business [1]. This equates to around $585...

Franchise Articles

FOLLOW US