Franchise Articles

Oct 22, 2008

Sources of Financing

The source of financing depends in part on the size of the business being purchased. The majority of smaller and medium sized businesses are purchased with a significant portion of the purchase price...

Sep 22, 2008

In Franchising, Your Life is the Key!

Usually franchise writers stress steps you should follow in choosing a franchise business. These are important. However, I think we're missing one very important ingredient. Before you choose your...

Aug 1, 2008

How Much Money Can I Make

Without a doubt, this is one of the questions most asked by individuals looking at buying a business – franchise or otherwise. The other, of course, is "How much will it cost? – What must I invest?"...

Jul 31, 2008

Do You Have What It Takes To Be An Entrepreneur

#content p{margin-bottom:12px;} #content ol, #content ul {margin: 0px 40px 12px;} Every year, thousands of Canadians from all walks of life respond to the call of entrepreneurialism. Young...

Jul 7, 2008

Choosing the Right Lease Term (Length)

This is one of those subjects that cause a lot of lightbulbs to go on in the minds of tenants attending my seminars. Perhaps it’s because a five or ten-year lease Term has become such a norm in...

Jun 23, 2008

How to Purchase a Franchise

Never have so few owed so much to so many! Sure this is a variation on an old cliché but you can use it as your theme song as you investigate buying a franchise business. To do so successfully...

May 15, 2008

Questions that Need to be Asked

When one is looking at a franchise it is important that one do the research so that they know what they are getting into. A little homework at the beginning will avoid surprises down the road. You...

Apr 15, 2008

Do You Have the Necessary Qualities to Succeed as...

A Self Assessment Before you spend a lot of time reviewing various franchise concepts to find the one that is right for you, you need to ask yourself if you are right for franchising. Without the...

Apr 14, 2008

Successful Site Selection

The number one reason for business failure or negative performance is a poor location. A poor location ultimately results from poor site selection. Consider that identical stores from the same chain...

Apr 3, 2008

How to create a business plan for a franchise?

#bodytext p{margin-bottom:12px;} It’s every individuals dream to be successful, but very few ever get there….why you may ask? Well the answer is quite simple, lack planning. Even in a...

Mar 27, 2008

How to locate the right lawyer for your franchised...

The Importance of Retaining Good Counsel: Franchise law in this Province of Ontario has become much more complex since the passing of the Arthur Wishart Act (Franchise Disclosure), 2000, Ontario’s...

Dec 17, 2007

Do you make the Leap?

We in the franchising field are of a special ilk. We are in operating business like restaurants, dry cleaners, and video stores but operate inside a specialty designed business model called...

Nov 14, 2007

Creative Developments in Franchising:

By: Lori Karpman, President & CEO, Lori Karpman & Associates Ltd. The term “Franchising” as generally understood, describes a very specific and defined business model. Over the past few years this...

Oct 29, 2007

Franchise Development: What are you developing?

#content p{margin-bottom:12px;} By: Lori Karpman, B.C.L./LL.B. President Lori Karpman & Associates Ltd. It’s often puzzling when consultants like myself use regular dictionary words to...

Oct 16, 2007

Top 10 Reasons To Buy a Franchise

Although there are more than ten good reasons to invest in a franchise opportunity, your decision to go into business has a lot to do with lifestyle and financial benefits. Whether a home-based,...

Oct 15, 2007

A Brief Intro to Canadian Franchise Laws & Legal...

Introduction For those looking to invest in a Canadian franchise opportunity, the process and legalities are quite similar to those in the United States. Not all franchise systems offer a...

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