Franchise Articles

Sep 19, 2021

Recession-Proofing Your Canadian Franchise

Recessions are always a possibility, even when an economy has been strong for an extended period of time. However, even as a new franchisee in Canada, you can prepare for the next recession now...

Sep 18, 2021

The Decisions You Must Make on Your Road to a...

You are going to make many decisions every day. Some of those choices are small, such as what you eat for lunch. Other decisions, however, are pretty major and will have a big impact on your...

Sep 17, 2021

Friction in the Franchisee-Franchisor...

Any time there is a partnership in a business, it can bring friction, and this includes franchises. When you are a franchisee, you are not on your own and free to follow your own plan. While...

Sep 16, 2021

Canadian Franchise Business Lessons to Learn From

This last year has been a major challenge for businesses all across Canada, including franchises. Whether you have a franchise right now or are currently searching for one, you can learn the...

Sep 4, 2021

5 Steps for Building Your Net Worth

As you might have guessed, your net worth is a pretty big part of the equation when it comes to Canadian franchisor approval. While the net worth requirement will vary by franchisor, there is...

Sep 1, 2021

5 Tips For Finding Your Ideal Canadian Franchise...

As a prospective Canadian franchisee, you're very likely looking at various brands and industries to determine which opportunity presents your best chance at success. While brand and industry are...

Aug 26, 2021

What To Ask an Existing Franchisee

4 Points to Cover With A Current Franchisee You've finally found the Canadian franchise you want to join, and you're taking the next steps to become a franchisee. Part of the process will...

Aug 24, 2021

Family in Your Canadian Franchise: What to...

You'll find that people's opinions on whether your family should be involved in your Canadian franchise vary widely. Some people plan right from the start to run their new business with one or...

Aug 19, 2021

Yes, You Can Have a Canadian Franchise "Side Gig"

There are many Canadian franchisees whose main goal is owning a business, and it's their regular job. However, there are those who want to own their own business but don't yet want to be married...

Aug 16, 2021

Which Canadian Franchise Industries Fill a Need?

When you're considering Canadian franchises, you may be interested in need-based franchises. Many people are looking into this right now simply because the pandemic has disrupted daily life and...

Aug 4, 2021

Shoring Up Your Finances for Your Canadian...

Franchise ownership is a significant financial investment. It's one you will need to plan for, whether you have enough assets to handle the cost of starting the franchise yourself or you need to...

Jul 27, 2021

3 Credit Mistakes to Avoid So You Can Finance Your...

When you have strong credit, your franchise's financial future will be stronger, too. You'll also have more options when you need to shop around for lenders for a business loan, and you'll...

Jul 20, 2021

Running Down The Recurring Revenue Model for...

As you examine Canadian franchise opportunities, you may have come across the term "recurring revenue model" (RRM) more than once. Learn what this term actually means and how it can affect...

Jul 13, 2021

4 Franchisee Mistakes That Can Doom A Business

If you are planning on becoming a franchisee in Canada or are already in the process of doing so, you have a long yet satisfying road ahead of you. As a franchisee, you will get the chance to...

Jul 8, 2021

3 Tips for Your Canadian Franchise Search in...

There's been a growing interest in Canadian franchises because more and more people are reconsidering their current jobs during this time of great financial uncertainty. For many people, the...

Jul 6, 2021

Canadian Home Based-Franchises: 4 Benefits You...

Now more than ever, people are looking to run businesses from their homes. One effect of the pandemic has been a rise in remote work, and this has touched nearly all industries,...

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