Franchise Articles

Sep 11, 2018

Considering a Foreign Franchise Expanding Into...

More and more franchises from other countries, particularly the US, are coming to Canada. If a foreign franchise opportunity has caught your eye, here's what you should know before you sign any...

Sep 4, 2018

Penalty Clauses and Your Franchise Agreement

Penalty clauses are an often-overlooked but important aspect of any franchise agreement, particularly in the areas of Canada that do not currently have franchise legislation in place. Despite the...

Aug 29, 2018

Valuing Your Canadian Franchise Picks

Assigning a value to a Canadian franchisor is similar to the valuation of other business types in several ways, namely a function of cash flow level forecasting with the risks associated with that...

Aug 20, 2018

Commercial Leasing “101” for Franchise Tenants

As we emphasize in our new book, Negotiating Commercial Leases & Renewals FOR DUMMIES, starting the leasing process in the right direction is critical if you want to achieve the best results....

Aug 15, 2018

3 Things to Consider When Franchising on a Budget

If you're ready to get your own Canadian franchise but aren't sure whether you can afford the investment, keep reading. It may be possible if you know where to look and what you're up against....

Aug 10, 2018

Things to Ask The Franchisor About Franchise...

Canadian franchises, like many other businesses, use discounts, sales and promos to bring in customers and gain an edge over the competition. Whether it's an occasional two-for-one promo or...

Aug 7, 2018

4 Things All Prospective Restaurant Franchisees...

Must Do List Buying a restaurant franchise in Canada is a serious investment and a big step that will impact your life and your finances for years to come. Before you sign any agreements, you'll...

Jul 31, 2018

Canadian Business Types: Fully Explore All of Your...

There are distinct pros and cons to the different types of business ownership. Before you invest in a Canadian franchise, take the time to learn more about all of the options for your new...

Jul 27, 2018

6 Leasing Tips for Franchisee Tenants

Readers of our book, Negotiating Commercial Leases & Renewals FOR DUMMIES will learn, in-part, that there is much more to commercial leasing than meets the eye! Before you even think of...

Jul 23, 2018

3 Ways to Achieve Inventory/Cashflow Balance in...

When you are starting a Canadian franchise with product sales, it's always exciting to get that first inventory shipment. You can already see the loonie signs, and all you need to do is get your...

Jul 17, 2018

3 Simple Tips for Your Franchise Master Plan

Whether you're an incoming Canadian franchisee or already deep in the trenches, having a profitability plan that covers your goals is a must. When you have a solid plan, you'll give yourself the...

Jul 10, 2018

Canadian Franchise Disclosures: Why So Big?

The disclosure is one of the most important documents you will receive prior to committing to a Canadian franchise. It's only natural to feel overwhelmed when you're presented with a huge...

Jul 5, 2018

Franchising Vs. Licensing: What's the Difference?

When you're considering opening a Canadian business via an established brand, you've probably run across the terms "licensing" and "franchising." These two business models are not the same,...

Jun 26, 2018

CAM Cost Considerations for Commercial Tenants

Readers of our new book, Negotiating Commercial Leases & Renewals FOR DUMMIES, will learn (in-part) that Common Area Maintenance (CAM / Operating Cost) charges for tenants come in two flavours:...

Jun 25, 2018

What is a GSA?

Canadian Franchisee Q&A: What is a GSA? When you enter into a Canadian franchise agreement, the number of documents you have to review and sign can be pretty impressive. In most cases, your...

Jun 18, 2018

Talking to the Franchisor's Team

People You'll Encounter in the Canadian Franchise Discovery Process When you are interested in a Canadian franchise, you're going to talk to a lot of people on your way through the process....

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