4 Things to Do Before Your Canadian Franchisor Meeting
When you are serious about buying a franchise in Canada, you will have to have an interview with the franchisor you're considering before you're able to sign on. As with any other interview, you can't walk into this u…
When Will My Canadian Franchise Turn a Profit?
The timeline for a franchise's profitability is normally at the forefront of any prospective or new franchisee's mind. This makes sense; you invested time and money into the franchise, so you want to know when you wil…
4 Questions Franchisees Forget to Ask
Buying your own Canadian franchise is a big investment and you shouldn't leave any stone unturned, but applicants often do. Before you make your final decision, ask the franchisors you're considering the following typ…
Is Your Franchise Disaster-Ready?
As last summer's tornadoes in Gatineau and Ottawa have demonstrated, a disaster can strike at any time. Any natural event, from blizzards to ice storms, can level your franchise business in Canada. However, this doesn…
Negotiate Your Commercial Lease
Which franchise concept is best for you? Will you be a sole franchisee or will you have a business partner? Where will you locate? What will your desired franchisor provide to you as a franchisee (training, marketing…
MVP Ups the Offerings for Franchisees
Male barber shops are enjoying a revival and MVP Modern Barber franchisees are now set for growth in this booming industry that is here to stay. As the final stage of the MVP Modern Barbers’ complete company refresh,…
Canadian Franchisor-Franchisee Case Goes Public
A group of franchisees is suing a coffee chain in Canada over that chain's actions, which its franchisees allege have been harmful to them. In the recent filing, franchisees alleged that the company misused its franch…
Ease Your Business Fears with a Franchise
When you are dreaming about owning your own business, one obstacle in your way can be your own natural fear. Starting a new business can be a scary prospect as you are usually risking your own money and possibly someo…
LIVE WELL's Member Results Prove the Power of Its Model
A first in the fitness industry, Canadian fitness brand LIVE WELL Exercise Clinic has proven what many medical professionals have said for years: that many chronic conditions can be treated more effectively with exerc…
3 Stages of a Franchise Business
Owning a business is a journey, and it comes in stages. You have to think about it, research, and accept that life will change from the minute you make that final decision to move forward. If you're successful, it can…
6 Franchise Business Plan Must-Haves
Your business plan for your Canadian franchisor is your blueprint for success, and it is also something lenders will consider when evaluating your loan application. If you haven't made a business plan before, the proc…
FASTSIGNS International Enjoying Banner 2018
Leading visual communications, graphics and sign franchiser FASTSIGNS recently announced the signing of 32 franchise agreements in 2018 so far. These new agreements are to develop co-branded, conversion and new center…
Planning Your Goals as a Canadian Franchisee
Annual planning is the common ingredient found among successful franchisees. After all, if you don't plan for it, it's probably not getting done. Whether you create your annual plan as a Canadian franchisee at the beg…
4 Unsung Heroes of Canadian Franchise Selection
There are a lot of different ways to research when seeking the right Canadian franchise for you. You probably already have the basics down, such as industry statistics and the company's online reviews, but there may b…
Mulling the Mature Franchisor Exemption in Alberta
Franchising laws vary by province in Canada, and you will find some significant differences in some cases. One such example is the mature franchisor exemption in Alberta's Franchise Act, which allows for different dis…
Examining the Canadian Employment Franchise
One overlooked area of Canadian franchises is the employment or executive search agency. Not only do these firms help people find jobs and employers find workers, but many of them fit the mix of profit and valuable se…
Make Your Franchise's Opening Truly Grand
Your franchise location's grand opening is a pretty big deal. Because there are a lot of brands across Canada, you'll want to stir up interest and excitement in your new business to draw the attention of the crowd awa…
4 Canadian Franchise Trends Emerging Right Now
Knowing what's in now and what's about to trend in the Canadian franchise industry can help you chose your brand during the selection process. Trends may not last forever, but they can indicate a general consumer shif…
9 Negotiating Strategies for Reducing Rental Rates
Franchise tenants should not be afraid to negotiate assertively on the rental rate. So why do franchise tenants have such difficulty in this area? Frequently, the answer is a simple unawareness of market rental rates…
Franchise Cold Feet? Maybe It's Time to Get Back to Class
If you've been considering becoming a franchisee in Canada but find yourself still a little unsure, it could be time for a little education outside of the franchise disclosure documents you've been studying. Some spec…
3 Markers of a Flourishing Canadian Franchise
It is true that the Canadian franchises that tend to succeed over the long term come from the tried-and-true sectors such as home services, food, hotels and restaurants. At the same time, the idea that just about any…
Are You Really Ready to Meet Your Canadian Franchisor?
When you are going to meet with your franchisor for your interview, it's almost like being a job seeker meeting a potential boss. You will be in control of your franchise location to some degree, but your franchisor s…
Canadian Franchise Termination: What You Need to Know
It pays to know what type of notice a franchisor must give you to terminate your agreement with them. You do have rights in this situation and may be able to keep your agreement active in some cases, so keep reading t…
Exploring Niche Franchises: Vegans in Canada
When it comes to Canadian food franchises, there's more to them than just cooking some dishes. Today's Canadian eaters are more in tune with their preferences and tastes than before, which is why there are more eateri…