What’s the importance of franchise advisory councils?
In a 2018 booklet titled “Building a Franchise Advisory Council That Gets Results,” published by Franchise Business Review, the authors state: “Franchise advisory councils (FACs)...
Category : Ask an Expert
What factors should I know about when choosing a site for my business?
There’s a tried-and-true adage that floats around in the field of commercial real estate: location is everything. It sounds simple, but choosing the right site...
What’s the difference between a franchise disclosure document and a franchise agreement?
A franchise disclosure document (FDD) and a franchise agreement are two of the most important documents involved in buying a franchise. However, the differences between...
What questions should I ask about my franchise training program?
A big consideration when deciding whether to purchase a franchise is what kind of support you can expect from the franchisor. When it comes to...
Quick Service Restaurants Franchise Trends: Understanding How Canadian Consumers Spend on Food
By Anna Racovali and Eva Hongya-He, Environics Analytics Despite economic concerns in the aftermath of the pandemic and inflation slowing down some sectors, certain industries,...
What factors should I consider when exploring franchise ownership?
For most people, exploring franchise opportunities is the first real step toward taking control of their destiny and beginning a journey toward building a wealth-generating...
Q: How do I choose a name for my franchise business?
Thinking of franchising your business? Great! There’s a lot to consider, but it all starts with your name. You might think, “But I already have...
Q: If I become a franchisee, am I allowed to have another job or own another business?
A question commonly asked of lawyers by people who are considering whether to become franchisees is “will the franchisee be allowed to have another job...
Q: How do franchisees determine the perfect franchise opportunity?
With 30-plus years in franchising and helping more than 2,000 prospective franchise buyers search for their optimum franchise, I’ve seen it all. After interviewing some...
Q: What are my obligations once I sign a franchise agreement?
To start a franchise relationship with a franchisor, franchisees must enter into a franchise agreement. Each franchise agreement will differ based on the franchise and...