Franchise Articles

Aug 19, 2014

Franchise Management Training is Crucial for New...

In many franchise locations new managers are promoted from the ranks; this is a great way to reward good performance and send a message to all employees that there are real advancement...

Aug 15, 2014

Screening Executives & Franchise Background Checks...

Due diligence encompasses many forms for a prospective franchisee. From calling existing franchisees, researching financial viability, to reviewing the agreement and disclosure documents. One...

Aug 14, 2014

Franchises and Leasing Commercial Space

While many prospective franchisees will explore various franchise concepts and carefully evaluate different options before deciding on their own futures and paying a substantial franchise fee,...

Aug 8, 2014

Women Are Fast Becoming A Force In The Canadian...

According to a report from the Canadian Imperial Bank of Commerce, there was a 50 percent growth in the total number of women who were self-employed in Canada, and by 2010, one million Canadian...

Aug 5, 2014

Baby Boomers are Flocking to Franchising, and here...

Baby Boomers are owning a Franchise Businesses More baby boomers than ever are getting into franchising these days. According to a TD Canada Trust poll, 54 per cent of boomers either are...

Aug 1, 2014

How Culture Trumps Strategy Each And Every Time.

In 2013, I was invited to speak at the Ben & Jerry's Global Franchise Meeting in Las Vegas. My discussion topic was catering sales for the brand and how the franchise business could...

Jul 29, 2014

Common Pitfalls of Franchise Disclosure Documents...

Franchisors selling franchises must provide prospective franchisees with a pre-sale disclosure document, according to Ontario’s franchise specific legislation, the Arthur Wishart Act (Franchise...

Jul 25, 2014

Buying A Franchise Is Not Turn-Key

A "Turn-key business" is a misnomer because there is no such thing as a turn-key business. Those advertising a turn-key franchise are doing a disservice to the industry and should stop using that...

Jul 22, 2014

Holding Companies – Is it for me?

You may have heard it from your brother or your neighbor or your friend and you may be wondering, “What the heck are they talking about?”, and “Are they right?” We will just deal with the basics...

Jul 18, 2014

Giving New Franchisees the Head Start They Need

The onboarding process and franchisee training is the most important role for a Franchisor. Studies show that ‘onboarding’ programs can improve employee retention by 14% and engagement by 10%;...

Jul 15, 2014

Franchise Due Diligence in Canada: Signs of a Good...

Investigating the Franchise Opportunity Many prospective franchisees regret not taking the time to properly investigate one of the biggest financial decisions they will ever make. Franchise...

Jul 11, 2014

Home-based franchises: The future of franchising?

For many, the word ‘franchise’ immediately brings to mind big box stores and fast food restaurants. While those types of companies certainly exist, it’s important to recognize that there are many...

Jul 8, 2014

Lease Considerations for Franchisees | Franchising...

Site selection and lease negotiations are among the most critical tasks facing a new franchisee. While the franchisor often selects the site, the franchisee is typically required to accept the...

Jul 4, 2014

The Evolving Status of Franchise Ownership in...

The franchise model was developed to allow individuals of all kinds to enjoy the pride of self employment. The financial model is based on the franchisee being the owner /operator and being paid...

Jul 1, 2014

BEWARE - Release & Waiver Clause in Franchise...

For many years it was common practice for franchisors to insist that franchisees waive any claims they may have against the franchisor when renewing or assigning their franchise agreements. The...

Jun 27, 2014

Is Social Media Part of Your Duplicatable...

One of the greatest appeals about buying a franchise is that you’re buying into a proven model with a system that works. It’s a model that’s been duplicated successfully and is setup to be...

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