Franchise Articles

Jul 3, 2024

Franchisee financial reporting requirements

Understanding financial reporting requirements as a franchisee Franchisees are business owners who are fully responsible for the day-to-day running of their business. For this reason, they...

Jun 27, 2024

Should you join the Canadian Franchise...

When you join a franchise, you become part of a community, a network of professionals working toward a common set of goals and targets, striving for brand recognition and ultimately business...

Jun 20, 2024

Protect your customers from scams

One way in which franchise businesses can maintain or enhance their brand's reputation is implementing measures to reduce the likelihood of customers becoming victims of scams. Whether you...

Jun 12, 2024

Top tips for success as a restaurant franchisee

Everyone needs to eat, and joining a restaurant franchise makes sense for anyone wishing to combine their passion for food with satisfying their entrepreneurial dreams. However, there are some...

Jun 6, 2024

AI in franchising - The good, the bad and the ugly

Data is one of the most powerful tools available to franchises. It can help them to attract new franchisees and customers, target their marketing efforts, tailor their strategies and attract...

May 23, 2024

2024 franchising trends

As we reach the midpoint of the year, it is appropriate to reflect on the trends impacting Canadian franchises. . Growth areas Major growth areas include health and wellness,...

May 16, 2024

Your first year in business - Setting goals and...

Your first year as a franchisee is about more than establishing a business and stepping onto a new career path. It involves adopting a specific mindset that will shape the way in which your...

May 7, 2024

Reflecting on digital innovations in...

Every May, we celebrate World Telecommunication Day. This year, the theme is Digital Innovation for Sustainable Development. There is no industry that remains untouched by digital innovations....

Apr 29, 2024

What makes the longest-running franchises so...

What makes a franchise successful, and how can you grow your franchise or select a franchise to maximize your chances of running a successful business? You can start by learning some lessons from...

Apr 25, 2024

How a Franchise Agreement and a Franchise...

There are two documents that are of vital importance when you join a franchise as they dictate the terms and conditions that you are agreeing to when joining said franchise. These are the...

Apr 22, 2024

Should restaurant franchises worry about beef...

Beef is a mainstay of many Canadians' diets, but external pressures are causing costs to rise sharply and many in the industry worry about the impact that rising prices can have on consumer...

Apr 18, 2024

Follow your dreams

Many people have grand ideas and aspirations but never achieve them because they are lacking a very basic principle: a plan. If you have decided to make the leap into entrepreneurship and become...

Apr 2, 2024

The Importance Of Maintaining Cybersecurity

Sobeys, Safeway and Maple Leaf Foods hit the headlines [1] recently due to a spate of cybersecurity incidents, and this should be a wake-up call for franchises. Franchises handle large amounts of...

Mar 21, 2024

The importance of pay transparency

Recent research has revealed that Canadian women are typically earning up to $3.79 less than their male colleagues per hour, [1] and this has raised many questions for employees across all...

Mar 13, 2024

What we can learn from the Girl Guides

As Girl Guides across the globe gathered in person and in spirit on February 22 to reflect on World Thinking Day, we in the world of franchising consider the immense changes the girl guides have...

Mar 5, 2024

Stay in compliance with employment laws

If you are planning to recruit any vacant positions you are holding in your workforce, now is a good time to refresh your memory when it comes to Canada's employment laws, particularly those that...

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