Franchise Articles

Apr 1, 2014

You Can’t Do That – The Ins and Outs of...

“Restrictive Covenants” is a fancy term meaning “promises that restrict or limit activities”. Restrictive covenants typically include non-solicitation clauses and non-competition clauses. Here,...

Mar 28, 2014

Moving Your Franchise Brand Into New Markets

It is no secret that Franchising is about selling more franchises as a way to increase the distribution of your distinct brand offerings. The question is how do you effectively introduce your...

Mar 25, 2014

Franchise Tenants – Yes, You Can Negotiate a Great...

As we emphasize in our new book, Negotiating Commercial Leases & Renewals For Dummies (Wiley, 2013), the business terms of a commercial lease agreement, combined with the location, represent the...

Mar 21, 2014

Beware the Accidental Franchisor

Your Canadian business is growing. You have a great brand. You have market traction. You decide that to grow faster, you need to take your brand and license it to others. The licensees will use the...

Mar 18, 2014

Consultation on Franchise System Changes: a...

Franchisors are often required to evolve their products, services, and business operations in order to remain competitive in their markets and sectors. When designing and implementing system-wide...

Mar 14, 2014

Considering Adding e-Commerce Functionality to...

Franchisors often ask us for advice concerning adding e-commerce functionality to their website. Typically, the franchisor’s main objectives are increased revenue without any additional hassle....

Mar 11, 2014

Three Options To Getting Started In Business

Deciding to start a business is a big step. This could be the pathway to financial freedom and a new sense of independence. But before getting started, it is important to consider all of the...

Mar 7, 2014

Buying a Franchise

Buying a Franchise If you are looking into the prospect of buying a franchise, you will need to consider several factors in order to ensure that you choose to invest in the perfect business for...

Mar 6, 2014

How Your Previous Experience Can Make You a Better...

The success of the franchise business model is predicated upon the fact that purchasers do not have to have any previous industry experience to qualify as a franchisee. In fact, most franchisors...

Mar 4, 2014

MISSION: FILE MY TAXES BY THE DEADLINE

There is always a lot of buzz at this time of year regarding getting your taxes filed on time. Should I try to do it myself? Should a buy a do-it-yourself tax program? Should I hire someone to do...

Feb 27, 2014

Understanding and Negotiating Rental Rates – For...

As we explain in our new book, Negotiating Commercial Leases & Renewals FOR DUMMIES, every tenant wants to pay the least amount of rent possible. Every landlord, however, wants to get the most...

Feb 25, 2014

Franchises Are Missing Out on the Benefits of...

It seems that even in today’s digital age, the large majority of franchises have not prioritized developing a franchise-wide social media communication plan. Given the fact that 91% of consumers...

Feb 21, 2014

Who Needs Responsive Web Design?

In the present era of Digital Marketing, there is a multitude of inbound marketing strategies that one can take a pick from. But every business today is cognizant of the first basic thumb rule of...

Feb 13, 2014

What Can Franchisees Look For When Hiring...

Finding and keeping those people of value is an entrepreneur’s most important role, however, it can be difficult to build the right team, particularly if you’re growing rapidly. Recruiters can be...

Feb 11, 2014

How Should I Grow My Franchise?

The goal of most franchise systems is to expand the business beyond a single unit. There are different ways of setting up a franchise system to achieve this goal. Unit Franchising This is...

Feb 6, 2014

Drive Profits with a Loyalty Program

A well designed loyalty program can dramatically drive sales and increase bottom line results. Many studies have shown that businesses with a program retain their customers for longer making more...

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