What should I consider before investing in an emerging franchise brand?
Franchising has long been a pathway to entrepreneurial success, offering individuals the opportunity to run a business with a proven model and established brand. While...
Category : Ask an Expert
How do franchisors harness data to better understand their franchisee leads? And as a would-be franchisee, how can I ensure that my online presence paints a good picture for my ideal franchisor?
In the fast-paced, highly competitive world of franchise development, understanding potential franchisee leads is paramount to franchise system success, and as the landscape evolves, so...
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)...
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...