Franchise Articles

Sep 17, 2024

Buying out another franchisee

Franchisees sometimes wish to exit their franchise agreement for some reason, selling their business and pursuing other avenues. This creates an opportunity for somebody else to purchase a...

Sep 5, 2024

How to reach new audiences

For your franchise business to expand and grow, you need to find new franchisees in different territories and come up with a way to appeal to a wider demographic. Your marketing may need to...

Aug 22, 2024

Prepare now for next term

If you are running a school-related franchise, you have probably enjoyed a few quieter weeks during the summer break, but now is the time to start thinking about getting some administrative tasks...

Aug 16, 2024

Don't take your leads for granted

Every new business owner needs to master a number of different skills, including handling payroll, inventory management, recruiting and bookkeeping, but one area that is often overlooked is lead...

Aug 9, 2024

Tech-protect your business

As much as you may hate to admit it, your business is a prime target for hackers and scammers who will attempt to exploit any vulnerabilities in your technology to access your data and disrupt...

Aug 6, 2024

What are the lowest-risk franchise sectors?

As we approach a new year, many Canadians will be looking for ways to maximize their income. For some, franchising will offer the perfect opportunity to develop a business that supplements their...

Jul 31, 2024

Roles of a franchisee

When you become a franchisee, you assume the role of business owner, but you may be surprised to learn that this is the role that will take up the least amount of your time. There are many roles...

Jul 26, 2024

Untapped Resource

Franchising in Canada has the significant benefit of prior experience. After all, the brand has already shown its value, and the franchisor has built a market presence to maximum reputation and...

Jul 18, 2024

Has your career prepared you for franchising?

Franchising is a career option that is open to anyone, regardless of their age, race, religion, background and experience, but there are some careers from which the shift to entrepreneurship will...

Jul 8, 2024

What are Franchise Advisory Councils (FACs)?

Franchise advisory councils (FACs) are usually established in franchise organizations with 10 or more branches and are designed to support effective and productive relationships between the...

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,...

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