Franchise Articles

Dec 30, 2014

Collaborative Communication

We often talk about communication, and in my work with franchisees I often hear “I wish I would receive more communication from my Franchisor”. At the same time I hear from the Franchisors I work...

Dec 19, 2014

What does it take to be Successful in Business?

Be The Boss Expert Wayne Maillet discusses what every entrepreneur who is looking to get into franchising: A question I will often ask during an interview with potential candidates for a business...

Dec 16, 2014

Parking Pitfalls for Franchise Tenants

Do you have enough parking space for your customers, you and your staff? It’s a common problem The Lease Coach sees with both new and established franchise tenants. We’ve discussed the problems...

Dec 12, 2014

Due Diligence: Multi-brand Franchising

For starters, let’s make a distinction between multi-brand and multi-unit franchising. In general, a multi-unit franchise consists of ONE brand, across multiple franchise units – units being...

Dec 9, 2014

The Difference Between Master Franchising and Area...

While both a Master Franchise (MFA) and an Area Development (ADA) Agreement deal with the development of multiple units, the mechanism of growth, the schedule and the responsibilities of the Master...

Dec 5, 2014

The difference between starting a new franchise...

There are so many good reasons to buy a franchise: lower costs for inventory through group buying power, the use of a recognized brand, expert knowledge and support for operating the business,...

Dec 2, 2014

Look For Franchises That Fit Your Personality

When looking for a banker or lawyer, you want to find someone who has key personality traits – trustworthiness, reliability and perhaps conservativeness. Just like people, every brand has a...

Nov 28, 2014

Franchise Arbitration

Franchisors and franchisees (and their respective legal counsel) concerned about the significant costs and delays associated with traditional court litigation should consider arbitration as a means...

Nov 25, 2014

Franchise Fees, Costs and Royalty Charges

Owning and running a franchise is a unique opportunity that appeals to many people. Becoming the owner of a franchise business offers the potential for a high salary and a quality of life that some...

Nov 21, 2014

Dealing with Deposits for Franchise Tenants

Supplying a deposit to a commercial landlord is one thing; getting it back is another matter entirely! Readers of our book, Negotiating Commercial Leases & Renewals For Dummies, will learn that...

Nov 18, 2014

What It Takes To Build Long-Term Vision

If you're looking to enter into or start a franchise, there are a few key things to consider when trying to determine to long-term success of your endeavor. For example, when I first started...

Nov 14, 2014

The TOP 5 Questions you Need to Ask before Hiring...

As every business grows it reaches a point where outside expertise is required. With the multitude of service providers and areas of specialization it is important to do some research before...

Nov 11, 2014

Steps To Take Once You’ve Chosen a Franchise

You had a lot of great choices to choose from, and you’ve finally settled on the franchise you would like to start. That is a giant step to be sure, and one that now allows you to bring everything...

Nov 7, 2014

Alternatives To Litigation In Franchise Disputes

Sometimes, it just can’t be helped. Franchise relationships may go sour, whether because of poor financial results, disagreements, differing interpretations of contracts, or just bad communication....

Nov 4, 2014

What’s Your Vision…are you looking at the right...

I am frequently asked ‘what is the best franchise to buy? What’s hot right now? What franchise companies are making the most money? ‘ What I tell people who are looking to invest in a franchise...

Oct 31, 2014

The Importance of Payroll in a Franchised Business

When companies have staff, one of the biggest administrative and accounting challenges they face is payroll. It has to be done right and on time. Livelihoods depend on it and Canada Revenue Agency...

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