Franchise Articles

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...

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...

Credit: marcopako via Flickr It goes without saying that Starbucks is a powerhouse when it comes to getting coffee in the hands of people all over the world. A very common question we...

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...

Jun 12, 2012

10 Questions You Need to Ask Your Future Landlord

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) or his/her agent. One of the most...

Jun 12, 2012

Granting Exclusive Territory Rights in Franchise...

Determining an exclusive territory is one of the most important questions for a franchisor to consider and a franchisee to consider negotiating. Franchisees are eager to protect as broad a territory...

Jun 12, 2012

A Little Thanks Goes A Long Way

When was the last time you personally thanked someone for giving you their business? Can you think of the last time someone thanked you? And really thanked you, not just smiled or nodded as you...

Jun 1, 2012

Understanding the Cost of Buying a Franchise

One of the most commonly asked questions by someone who is acquiring a franchise is: how much will it cost? The answer to this question depends to a great extent on whether you are acquiring an...

May 30, 2012

Loving The Brand You Buy

If you’ve come to the BeTheBoss.ca website or receive the Franchise Flicker email, you are likely exploring what franchise you would like to buy. This is a big decision and there are so many options...

May 28, 2012

Franchise Tenants - Does Your Landlord Owe You...

As a franchise tenant, you will be accustomed to paying monthly rent. Your landlord, however, may owe you! Surprising as that may sound, franchise tenants fail to recognize this fact and could well be...

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