Franchise Articles

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...

Oct 28, 2014

Franchisors-Isn’t it Time to Develop Quebec?

Out of my Montreal, QC office I serve a clientele that is 85% of province. When I suggested to a successful Ontario franchisor that she expand here she replied-That's like going to Mars!" Quebec...

Oct 24, 2014

Top 5 Reasons to Form (or Join) a Franchise...

As a new or potential franchisee, you should be intimately aware of why and how much you need to interact with other franchisees within and outside of your franchise system. Further, you also need...

Oct 21, 2014

What you need to know about Disclosure Documents

Franchise Laws in Canada Although there are several federal and provincial laws that apply to franchising, only five provinces have introduced laws that specifically apply to franchising. These...

Oct 17, 2014

How To Manage Your Work Life Balance

Running a franchise is very demanding. Sometimes it seems like you’re working 24/7 to make sure your business is successful and everything keeps running smoothly. Thanks to mobile technology, we are...

Oct 14, 2014

Understanding the Franchise Model

As much as franchise systems may differ in products and services offered, the underlying premise of franchising remains the same. Before you begin exploring franchise options by brand, take some...

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