Franchise Articles

Jan 16, 2015

Crime Insurance & Risk Management

This article is being written to address the most common claim that I see in the industry, crime. I will touch on some common coverages below. Further on, I will give you some helpful tips on...

Jan 13, 2015

3 Crucial Topics for New Manager Development

Whether you are a franchisee or a general manager of company owned locations in a franchise system, it is crucial to be aware of the numerous adjustments new unit managers need to make, least of...

Jan 9, 2015

Pros and Cons of Franchising

Canada has a wealth of franchise opportunities available for individuals with a strong work ethic, solid business skills and a desire to work for themselves under the guidance of a franchising...

Jan 6, 2015

What is the Best Way to Rebrand a Franchise?

Rebranding or refreshing of a brand’s appearance, while exciting for the franchisor is unsettling for franchisees. All they hear is that an additional investment of funds is going to be...

Dec 30, 2014

Collaborative Communication

We often talk about communication, and in my work with franchisees I often hear “I wish I would receive more communication from my Franchisor”. At the same time I hear from the Franchisors I work...

Dec 19, 2014

What does it take to be Successful in Business?

Be The Boss Expert Wayne Maillet discusses what every entrepreneur who is looking to get into franchising: A question I will often ask during an interview with potential candidates for a business...

Dec 16, 2014

Parking Pitfalls for Franchise Tenants

Do you have enough parking space for your customers, you and your staff? It’s a common problem The Lease Coach sees with both new and established franchise tenants. We’ve discussed the problems...

Dec 12, 2014

Due Diligence: Multi-brand Franchising

For starters, let’s make a distinction between multi-brand and multi-unit franchising. In general, a multi-unit franchise consists of ONE brand, across multiple franchise units – units being...

Dec 9, 2014

The Difference Between Master Franchising and Area...

While both a Master Franchise (MFA) and an Area Development (ADA) Agreement deal with the development of multiple units, the mechanism of growth, the schedule and the responsibilities of the Master...

Dec 5, 2014

The difference between starting a new franchise...

There are so many good reasons to buy a franchise: lower costs for inventory through group buying power, the use of a recognized brand, expert knowledge and support for operating the business,...

Dec 2, 2014

Look For Franchises That Fit Your Personality

When looking for a banker or lawyer, you want to find someone who has key personality traits – trustworthiness, reliability and perhaps conservativeness. Just like people, every brand has a...

Nov 28, 2014

Franchise Arbitration

Franchisors and franchisees (and their respective legal counsel) concerned about the significant costs and delays associated with traditional court litigation should consider arbitration as a means...

Nov 25, 2014

Franchise Fees, Costs and Royalty Charges

Owning and running a franchise is a unique opportunity that appeals to many people. Becoming the owner of a franchise business offers the potential for a high salary and a quality of life that some...

Nov 21, 2014

Dealing with Deposits for Franchise Tenants

Supplying a deposit to a commercial landlord is one thing; getting it back is another matter entirely! Readers of our book, Negotiating Commercial Leases & Renewals For Dummies, will learn that...

Nov 18, 2014

What It Takes To Build Long-Term Vision

If you're looking to enter into or start a franchise, there are a few key things to consider when trying to determine to long-term success of your endeavor. For example, when I first started...

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