Franchise Articles

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,...

May 16, 2024

Your first year in business - Setting goals and...

Your first year as a franchisee is about more than establishing a business and stepping onto a new career path. It involves adopting a specific mindset that will shape the way in which your...

May 7, 2024

Reflecting on digital innovations in...

Every May, we celebrate World Telecommunication Day. This year, the theme is Digital Innovation for Sustainable Development. There is no industry that remains untouched by digital innovations....

Apr 29, 2024

What makes the longest-running franchises so...

What makes a franchise successful, and how can you grow your franchise or select a franchise to maximize your chances of running a successful business? You can start by learning some lessons from...

Apr 25, 2024

How a Franchise Agreement and a Franchise...

There are two documents that are of vital importance when you join a franchise as they dictate the terms and conditions that you are agreeing to when joining said franchise. These are the...

Apr 22, 2024

Should restaurant franchises worry about beef...

Beef is a mainstay of many Canadians' diets, but external pressures are causing costs to rise sharply and many in the industry worry about the impact that rising prices can have on consumer...

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