Franchise Articles

May 17, 2018

A Closer Look at Canadian Franchise Fees

Franchising is the right path for many Canadian entrepreneurs, but there's a lot to learn about this type of ownership before you make a real commitment to a brand. Money, of course, is usually...

May 10, 2018

3 Franchise Trends of the Future

Several recent market reports indicate that the future of the Canadian franchise industry is pretty bright, and it's already generating a staggering $68 billion per year according to the Canadian...

May 1, 2018

Food Franchise Fundamentals

If you're exploring food franchises in Canada, the first thing you probably noticed is that there are a lot of choices. To help narrow down your search, here are some things you need to know about...

Apr 23, 2018

Home Sweet Home and Your Franchise

Running a franchise from your home can be the perfect fit for your lifestyle and your needs. There are quite a few home-based franchises in Canada to choose from, but before you take the leap,...

Apr 16, 2018

3 Stepping Stones on the Franchisee Path

Once you decide that you want to be franchisee in Canada, the next steps can be surprisingly tricky. If you don't make the right moves, you may not achieve your goal of business ownership. Start...

Apr 10, 2018

4 Tips for Hiring for First-Time Franchisees

As a new franchisee in Canada, you may never have hired staff before but need to do so now. Employees are part of the service and public aspects of your location, so it's crucial you get the...

Apr 5, 2018

Funding Your Franchise Without the Bank

The franchise process in Canada has many moving parts, and one that sometimes proves to be troublesome for some prospective franchisees is the financing. You need to be able to survive while...

Mar 29, 2018

4 Questions Prospective Canadian Franchisees Need...

When you're considering becoming a franchisee in Canada, there are some obvious traits everyone knows they'll need, such as a willingness to put in hard work and some business skills. For a...

Mar 23, 2018

Relocating a Franchisee

What's the Deal? Location is often a considerable factor in your success as a Canadian franchisee, especially for brands that have services and goods that are normally delivered to the public...

Mar 19, 2018

The Franchisee Evaluation: Are You Up to The...

A lot of attention is naturally focused on due diligence by franchises, and that makes sense. You need to be sure the Canadian brand you're considering is the right system for you before you make...

Mar 14, 2018

The Unique Challenges of the Multi-Unit Franchisee

Having multiple units as a Canadian franchisee can be pretty appealing. Multi-unit owners often enjoy lower franchise and royalty fees, and they can also save by having fewer managers on staff to...

Mar 9, 2018

Is Bigger Better? Footprint vs. Sales

Does leasing a larger commercial space lead to increase business? Not necessarily! In fact, tenants often find that a larger commercial space results in a bigger problem that they are not profiting....

Mar 7, 2018

The Right Salesperson For Your Franchise

If you're not going to handle sales yourself, having the right person doing the job is a critical part of your success as a Canadian franchisee. Before you hire your first marketer, here's what...

Mar 3, 2018

Are You Really in a Franchisee State of Mind?

Being a franchisee in Canada can be immensely rewarding, as long as you are ready to step into this type of role. Before you sign your franchise agreement, here are two things to consider....

Feb 22, 2018

Looking Twice At a "Hot" Franchise

With thousands of brands in Canada to choose from today, it only makes sense to take a closer look at the hottest ones when you are on a franchise search. You've got to keep in mind that the...

Feb 16, 2018

The Importance of Time, Timelines, and Timing with...

As we emphasize in our new book, Negotiating Commercial Leases & Renewals FOR DUMMIES, the leasing process is not a simple task. Considering the number of steps involved and potential hurdles...

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