Franchise Articles

May 22, 2015

So You Want Me To Buy From You?

You’ve got a great business. You think your location is a good one and your staff are friendly and competent. So why when you have all these things going for you do people buy from someone...

May 19, 2015

Understanding ‘Net Worth’ and Unencumbered...

Before you start your search for a franchise you will need to calculate your net worth and unencumbered capital. Many advertisements for franchise opportunities state that you will need a minimum...

May 15, 2015

So You Want To Make A Profit

One of the most common misconceptions of new franchisees is that they expect to make a profit from the first day of opening their franchise doors. This misguided notion sometimes persists...

May 12, 2015

How To Set Up A Successful Home Office

Ten years ago home based franchises were new and rare; today there are thousands of them to choose from in every industry you can imagine. Seen primarily in service business, these franchises offer...

May 8, 2015

Franchise Training Methods Matter

Training in a franchise system is the key means of imparting the franchised business concept to franchisees. It serves as the DNA to replicate the brand from location to location. As such, it is a...

May 1, 2015

Due Diligence: Finding Employees to Staff Your...

No franchisee can run a business entirely on his/her own. No matter how small it might be, you will need at least 2-3 people help perform the day to day operations of the business, even if it’s a...

Apr 28, 2015

Did You Know that there is a Special Program for...

The federal government has a loan program under the Canada Small Business Financing Program, (CSBFP) designed to increase the availability of financing for the establishment, expansion,...

Apr 24, 2015

The Duty of Good Faith - What Does It Mean?

In Ontario, the law governing franchising is called the Arthur Wishart Act (the “Act”). It was introduced to level the playing field between franchisors and franchisees. One of its provisions,...

Apr 21, 2015

Commit To Being A Life Long Learner

It is a great feeling of accomplishment when we have mastered our subject matter and can be considered true experts in our field. The expertise and the confidence that comes with it can ripple...

Apr 17, 2015

Franchise Class Proceedings and Arbitration

Can a franchisor avoid the possibility of a franchisee class action by including an arbitration clause in its franchise agreements? The Ontario Superior Court recently stayed a proposed class...

Apr 14, 2015

Dealing with Default Clauses – For Franchise...

Every lease agreement has a standard default clause, which is there to protect the landlord. This default clause allows the landlord to sue or evict you and to basically enforce the lease agreement...

Apr 10, 2015

Fran Discusses Choosing a Food Franchise

Note: This fictional "Dear Fran" article is based on questions we receive from people interested in buying a Canadian franchise. Dear Fran, I love being around food and people, so would like more...

Apr 7, 2015

Doing Research on a Franchise Opportunity

When one is looking at a franchise it is important that one do the research so that they know what they are getting into. A little homework at the beginning will avoid surprises down the road. You...

Apr 3, 2015

So you Want to Buy a Franchise…

“I want to buy a franchise; which one should I buy?” Sounds like a simple enough question, but is it really the right question to ask yourself first? Perhaps begin with: “What type of business do I...

Mar 31, 2015

Networking is Key to Your Success

In order for your business to flourish you must be prepared to market yourself outside the business. You need to put a face to your business and create a presence outside your four walls. There’s...

Mar 27, 2015

Fran Talks About How to Minimize Risk When Buying...

Note: This fictional "Dear Fran" article is based on questions we receive from people interested in buying a Canadian franchise. Dear Fran, I have a pretty good corporate job, or...I have a well...

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