Franchise Articles

Jan 28, 2019

9 Operating Cost Rent Issues for Franchise Tenants

Franchise tenants are rarely happy with their operating costs; at best, they’re ambivalent to them and, at worst, they’re upset with them. The two issues that most upset franchise tenants are...

Jan 26, 2019

The Franchise Site Selection

Once you've decided to purchase a Canadian franchise and have done your homework and identified your brand, it may seem like all the research work is over and you are on your way. However, there...

Jan 22, 2019

The Rise of the Multi-Unit Franchisee in Canada

According to the Canadian Franchise Association, there are now over 75,000 franchise units across the country, and this business sector generates $96 billion annually. With franchising being such...

Jan 15, 2019

The Secrets of Success for the Semi-Absent...

A semi-absent Canadian franchise could be the right move for you if you want to build your business but still need the security of your day job and paycheck while that's happening. This type of...

Jan 10, 2019

3 Common Errors New Franchisees Make

When you start something new, it's only natural to experience some trial and error. Making mistakes is a part of the learning process, and when you are a new franchisee in Canada, you can expect...

Jan 7, 2019

The Canadian Medical Franchise Industry: A Wide...

Medical franchises cover a vast array of services that relate to the healthcare industry in Canada. This is a rapidly growing sector that is consistently expanding and offers opportunities in...

Dec 31, 2018

4 Things to Do Before Your Canadian Franchisor...

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...

Dec 20, 2018

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...

Dec 17, 2018

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...

Dec 13, 2018

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...

Dec 7, 2018

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...

Dec 3, 2018

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...

Nov 27, 2018

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...

Nov 23, 2018

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...

Nov 17, 2018

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...

Nov 13, 2018

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...

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