Three Hidden Costs of A Canadian Franchise
Expenses are always at the top of the concern list for prospective Canadian franchisees. Naturally, the exact cost of a Canadian franchise varies by brand, but there are similar expense categories you'll encounter acr…
Canadian Franchising Fast Terms: Definitions 201
The deeper you get into your Canadian franchise research, the more terms you'll come across that you may not be too familiar with. At this phase, you'll likely be comfortable with "franchising 101" terms such as "fran…
Canadian Franchise Laws: Disclosures in Disputes
Disclosures in Disputes: An Evolving Area of Canadian Franchise Laws Franchise law in Ontario has been steadily evolving, but one area that remains relatively unchanged is how cases involving pre-sale disclosure are h…
Canadian Franchisees and the Elusive Banking Relationship
Developing a relationship with a Canadian bank can be very valuable for a franchisee. More specifically, developing relationships with individual banking officers often benefits you in terms of service and satisfactio…
Commonly Overlooked Red Flags in a Franchise Agreement
As a prospective Canadian franchisee, you've got a lot of decisions to make. Chief among these is which brand to go with, and that choice is a tough but incredibly important one. Even with the best product or service,…
About Canadian Franchise Resale Terms
As a prospective Canadian franchisee, you have a lot of options, and this extends to more than just brands and industries. One way you can enter into the franchise world is by a franchise resale, which occurs when you…
What Do Alternative Dispute Resolutions Mean to Canadian Franchisees?
Many Canadian franchisors try to use alternative dispute resolution (ADR) to help them settle differences with franchisees more quickly, more privately and less expensively than going to court. The two most commonly u…
Franchise Relationships in Canada: The Basic Three
As a general concept, franchising is a way for a company to expand and distribute services and products. In a traditional model, a manufacturer uses a distribution system to get products to market, while in format fra…
Franchisee Missteps: A View Into Public Disputes
More than one Canadian franchise has been in the news in the past because of a strained relationship between franchisees and the franchisor that has spilled out into the public. This doesn't happen too often, but when…
Franchise Location Needs to Be Disclosed, Ontario Court Rules
A recent decision made in a high-profile case in the Ontario Superior Court will likely have an impact on franchising in the province and possibly the entire Canadian franchise industry. In this case, the court found…
Thinking About Cross-Border Franchising? US Brands are Becoming More Transparent
The International Franchise Association (IFA) reports that US franchises are providing more financial performance information on their disclosures, which is great news for Canadians. Read on.
How Much Does a Franchise Really Cost?
One of the most important areas of Canadian franchise research is the price tag. It's only natural to want to know how much you can expect to invest and pay out over time in any given business. While there may be some…
All About The Advertising Fee
One thing you will come across when researching Canadian franchisees is the concept of the advertising fee. Generally, this is a maintained bank account handled by the franchisor to which all franchisees contribute fe…
Canadian Franchisee Training: What You Need to Know
Proper training is important in any job or business, but it is especially crucial for success in a Canadian franchise. For a franchise location to work, there has to be the consistency customers have come to know and…
BioGreen Solutions' Biosports.team and Judo Canada Partner for Healthier Sports Facilities
Judo Canada recently announced it has made an agreement with its very first private sponsor, biosports.team. Learn more here.
Do You Need a Franchise Consultant?
A franchise consultant tends to be an underused resource. This is a professional who helps you find the right opportunity and can guide you through parts of the franchise process. If you're having trouble finding your…
What If You Buy a Franchise But Can’t Find A Suitable Location or Space to Lease?
As The Lease Coach, we routinely hear from franchisees that have begun working with a franchisor but cannot find a site for their new business. Learn more.
7 People You'll Meet on the Road to Your Canadian Franchise
As a Canadian prospective franchisee, you'll meet many different people during the sales process. While some franchisers will have one person filling several roles and others will have separate people for each role, c…
Reading Between the Lines on an Financial Disclosure Document
A financial disclosure document (FDD) from a Canadian franchise is one of the most important documents you’ll see during your brand search. Before you invest your loonies, here are some tips to help you read a FDD lik…
Ontario’s Recent Reward Points Move
Reward programs are found in many Canadian franchise businesses, from restaurants to retailers and service providers. These programs entice customers to return and buy more while helping to increase a brand’s visibili…
4 Things Canadian Franchisees Overlook When Buying a US Franchise
There are many US brands operating successfully in Canada today across several industries. If a US franchise has caught your eye, however, you need to do some homework beyond the typical research. There are some speci…
BC’s Franchises Act Came Into Force On February 1, 2017
This new legislation has been assembled over the past 4 years in an effort to level the negotiation positions of both Franchisors and prospective franchisees. In most cases, prospective franchisees are not as business…
5 Tips for Negotiating Your Canadian Franchise Deal
Negotiation is a big part of the Canadian franchise purchase process. If you're successful at it, you will probably start out your new business with better terms and more benefits than someone who is not as skilled. E…
Canadian Franchise Law Changes
Canadian Franchise Law Changes: 2016 in Review Portions of this contributed by Chad Finkelstein from his Financial Post article (http://business.financialpost.com/entrepreneur/franchise-focus/new-regulations-on-the-bo…