Franchise Articles

May 27, 2014

Have You Considered a RE-Franchising Opportunity?

A “RE (ready & established)-franchise” opportunity is one of the most efficient and quickest ways to enter a franchise system. Essentially an incoming franchisee is assuming an existing franchise...

May 23, 2014

Americans don’t understand Canadians – that’s a...

Americans don’t understand Canadians – that’s a fact. We rudely think you are our 51st state and are surprised when you speak a foreign language. Not French, English. And Canadians are so nice!...

May 20, 2014

Insuring Your Franchise Business!

Having the correct limits of insurance could save your financial life. You may think your business operation is safe however neighbouring exposures, weather, crime, fire and lawsuits are potential...

May 16, 2014

Researching Franchisees During Due Diligence

If you are a prospective Franchisee, part of your due diligence during the purchase of a franchise system is to research existing and former Franchisees in that system. How do you find...

May 13, 2014

Evaluating Building Types for Franchise Tenants

Whether you are a prospective or current franchise tenant, you should know that not all buildings or properties are created equally. Each property has unique aspects that you must factor in....

May 9, 2014

Understanding Franchise Agreements

Franchise agreements exist to protect your new business as a branch of the franchise and to record what is expected of you and your franchisor. Uniformity across all business within any given...

May 6, 2014

The Hitch-Hikers Guide to Brand Value

Zombies contribute approximately over $5 billion dollars to the US economy every year. If you were to look at Klingons, Muggles, Ewoks, and Optimus Prime from as an economic line item you might...

May 2, 2014

Protections For Franchisees Under Manitoba Law

When Manitoba passed The Franchises Act (the "Act") on October 1, 2012, potential purchasers of franchises in Manitoba were afforded some significant new protections in the form of a requirement...

Apr 29, 2014

Why Your Franchise Needs a System-wide Social...

Unless your head has been buried in the sand these past few years, you're likely aware of how social media is dominating communication. Perhaps you're not aware, however, just how it also...

Apr 25, 2014

Franchise, Franchisor and Franchisee

There are several different people involved when it comes to a franchise. A franchise is one portion of a larger company. When a person purchases a franchise, they are considered a franchisee....

Apr 22, 2014

How Can I Work Better with My Franchisor?

I have been working with franchisees and franchisors for over 25 years now, and if I have learned one thing, they most often do not understand each other. The franchisee needs seem to not align with...

Apr 18, 2014

Unique Challenges of Franchise Marketing in the...

Franchise Marketing Franchises are classic examples of distributed systems organized to efficiently provide goods and services and combine the best elements of brand strength with local market...

Apr 15, 2014

Leasing Considerations for Franchisors and...

For most franchises the location of its franchised businesses is key and can make or break a franchisee. Franchisors may want to be involved in site selection and negotiation to ensure control of...

Apr 11, 2014

How To Grow Franchise Catering Sales

When I was 18 years old, I bought leather goods with a friend from bankrupt manufacturers and sold them to a local chain of leather goods stores. I asked the buyer how many pieces he wanted and he...

Apr 8, 2014

Building First Time Manager Talent

I will always remember the wisdom of a highly experienced multi-unit Supercuts franchisee who said that the next most influential factor in a unit’s success after location, was the effectiveness of...

Apr 4, 2014

The Franchise is Over Now What...Learn about...

Franchise agreements have terms that can be as short as 5 years. When the franchise ends what can a franchisee do? Can the franchisee use the expertise, experience and relationships gained over...

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