At FranNet, our mission is to expertly match prospective franchisees with the franchises that best suit their ambitions and capabilities. While it’s important for potential franchisees to evaluate...
⚠️ Important Update: As of January 19, 2024, new CEBA loan repayment terms are in effect. If your business hasn't repaid its loan, you may now be accruing interest. Make sure you understand your new...
A service-based franchise is exactly what it sounds like - it’s a franchised business that provides a service to its customers. The type of service will vary, but it generally offers a convenience...
Starting a business after retirement is becoming more common among retirees seeking supplemental income or wishing to remain active. If you’re nearing retirement, then it’s worth considering whether...
[All the information is taken from the International Franchise Association's 2024 Franchising Economic Outlook] There’s no doubt that we were faced with significant economic challenges in 2023 -...
In 2023, Canada’s economy began to slow down due to factors such as rising interest rates and a challenging labour pool. Despite these difficulties, the Canadian franchise industry has continued to...
While there’s been plenty of economic uncertainty at the start of 2024, franchising has continued to prove itself as a stable industry. Despite inflation, labor shortages, and rising interest rates...
While the franchise industry faced various economic challenges in 2023 such as inflation, labor shortages, and rising interest rates, it still met or exceeded projections. According to the 2024...
“Marketing refers to the activities a company undertakes to promote the buying or selling of its products or services. Marketing includes advertising and allows businesses to sell products and...
While there are pros and cons to every franchise opportunity, the franchising industry has proven to be an integral part of Canada’s economy. It represents a $120+ billion industry, making it the...