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...
Category : Ask an Expert
Q: As a new franchisee, how can I quickly attract new customers and grow profitably?
A: Congratulations, you set up a new franchise location! That means you made it through the application and selection process, through training, through the launch,...
Q: I am buying a franchise from an existing franchisee. Is the franchisor required to provide me with a disclosure document?
The answer to this question really depends on the extent to which the franchisor is involved in bringing about the sale. All franchise legislation in...
Q: How has mall foot traffic shifted post-pandemic, and what does it mean for the long-term success of my franchise location?
A: After two years of steady declines in mall foot traffic, 2022 saw a resurgence, with 3.1 billion visits throughout the year. Despite foot traffic...
Q: What are the Five Ws of Financial Statements?
A: The franchisor’s financial statement is a required component of the franchise disclosure document (FDD), in such provinces with disclosure legislation. The first step in...
Q: As a new franchise owner, how do I find balance in my new normal?
A: One of the biggest opportunities in franchising is the ability to be your own boss. Choosing the franchising route of entrepreneurship means making an...
Q: How do I know if franchising is right for me?
A: Franchising can be an excellent way to start a business. Not only does it allow you to choose from a variety of options, but...
Q: What are some key components of the Franchise Disclosure Document?
A: If you’re looking to purchase a franchise business, the Franchise Disclosure Document (FDD) is a key document you’ll encounter. Required by the Arthur Wishart...
Multi-Unit Money Management
Key accounting considerations to help you grow to multiple franchise units While most entrepreneurs choose to kick off their franchise careers with the purchase of...
Q: What tools are available to help me resolve any disputes with my franchisor?
A: Successful franchise systems are built on trust and solid relationships. However, there will always be variations in individual franchisee performance, and disputes can arise...