Site Selection, Territories, and Real Estate
Location is everything when it comes to franchising. It can determine the amount of traffic a franchise gets, and the quality of that traffic. Knowing...
Category : Advice & Tips
Dealing with Disputes
When it comes to managing a brand, franchisees and franchisors can butt heads. Everybody wants their voice heard and everyone wants to do what’s best...
Due Diligence: Financial Aspects of Franchising
Before starting a relationship with a new franchise, you should investigate certain legal and financial aspects carefully. Ensuring that you’re not entering a bad deal...
Basics of Buying a Franchise
Finding a franchise that fits With the variety of franchise businesses in Canada, prospective franchisees have to ask themselves which franchise suits them best. Prospective...
Types of Ownership Models
The type of franchise agreement can vary, especially as the number of franchise units grows beyond single-unit ownership, like in the case of area development,...
How to Become a Franchisee
Franchising refers to the business ownership model in which an owner (the franchisor) gives license to a third party (the franchisee), allowing them the right...
What is Franchising, and Why do Students Need to Know About It?
Remember your first job? Whether you served coffee or taught swimming lessons, there’s a strong chance you did it at a franchise. Your boss was...
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...
10 Questions to Ask Yourself Before Getting Started in Franchising
Key considerations for entrepreneurs entering the franchise industry When it comes to starting a franchise business, you know it’s important to undertake the proper due...