Franchise Articles

Oct 17, 2012

Show Me The Money: 5 Franchises for 50k or less

One key consideration for potential franchisees is cost. You'll need to invest in a franchise that has a minimum investment requirement amount you're comfortable with. If you overextend yourself, you...

Oct 15, 2012

Customer loyalty is key…look no further than your...

As a franchisee, getting and retaining customers is crucial. Customer loyalty is probably the most important marketing program you could and should invest in. Creating customer loyalty is...

Oct 11, 2012

The Value of Meetings and Conventions in a...

The value that is created in bringing franchisees together, whether for a regional meeting or an annual convention, should not be underestimated. In fact, I firmly believe that an annual convention...

Oct 10, 2012

6 Pizza Franchises Sure to Make Your Mouth Water

It seems that in today's fast paced world, families are turning to pizza as a quick and easy meal solution. They don't have the time to fix something spectacular every single night. Parents and kids...

Oct 9, 2012

The Latest Canadian Franchise Trends in 2012

In the past, franchises have tended to focus on the restaurant industry with an emphasis on fast food and casual dining. The franchise model has been a good fit for these businesses and has produced a...

Oct 3, 2012

Around the World: 5 Internationally Flavoured...

Every family likes to step outside their regular meal choices and take advantage of some foreign flavorings. There is no need to travel around with world to enjoy international meal choices and each...

Sep 27, 2012

Don`t Break The Bank - 5 Businesses for $10k or...

Canada is prime territory for franchisees, with the second highest industry globally. It has 78,000 franchises generating a total of $90 million. A full ten percent of Canada's GDP comes directly from...

Sep 24, 2012

Top 10 Qualities of Successful Franchisees

Over the 25 years I have been in franchising I have worked with a variety of brands. I have worked in food, real estate, travel and other industries. Despite the many differences, I have found...

Sep 11, 2012

Planning to Lease Commercial Space?

If you are planning to rent a space for your franchise, you will want to prepare yourself for lease negotiations with a commercial landlord (also known as the lessor). One of the most important steps...

Aug 23, 2012

What is the ideal length of a franchise agreement?

Whenever an entrepreneur is considering creating a new franchise network, one of the inevitable questions is the term of his franchise contract. You may not be surprised to learn that there is no...

Aug 17, 2012

Broker – Friend or Foe?

As The Lease Coach, I am a magnet for leasing questions. One woman called me after recently purchasing a franchise and explained that her franchisor had offered to do her site selection and real...

Aug 1, 2012

Operations Manuals – Are They That Important?

One of the hallmarks of good franchise systems is that they have invested significant time and money in the development of standard operating procedures and policies. These operating procedures are...

Jul 30, 2012

What will your franchise advertising fund cover?

Most franchisors in Canada require their franchisees to make ongoing expenditures with respect to local and/or national advertising. A local advertising expenditure is money that a franchisee is...

Jul 18, 2012

Where is Starbucks in the Coffee Franchise...

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Jul 16, 2012

How Service is Used to Promote and Maintain a...

Whether you are looking to run a restaurant, a cleaning service, in-home health care or a mobile pet grooming franchise, service is a word that is thrown around a lot. Service can be the deciding...

Jul 1, 2012

What's a Good Franchise?

I was recently speaking to a group of prospective franchisees about legal issues that arise in the acquisition of a franchise. At the end of my presentation a member of the audience asked me what he...

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