"Why did the entrepreneur become a chef? So he could write off all his meals as 'research expenses.'" There are plenty of jokes to go around about taxes, but one thing is certain: most people aren’t...
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Canada Digital Adoption Program (CDAP) – What Do You Need to Know?
COVID-19 had a widespread impact on businesses and the way they operate. The restrictions that were imposed to various extents around the world severely limited many industries that relied on...
Franchise Business Booms Post Pandemic (2023)
In 2020, business owners faced mandatory shutdowns due to COVID-19, which severely limited their level of operations. Not surprisingly, these shutdowns were especially hard on small businesses, at...
A Buyer’s Guide to Franchise Advertising
If you’re interested in becoming a franchise owner, it’s important to understand the basics of franchise advertising so you can know what to expect. Advertising refers to the process of promoting...
Franchise Exit Strategies: Selling or Succession?
It’s no secret that franchising your way to business ownership offers many advantages for entrepreneurs. FranNet of DFW & Oklahoma has long preached that it’s easier than starting a new venture...
6 Ways Your Life Will Change (for the Better) as a Franchise Owner
Deciding to pursue an entrepreneurial future is a big, life-changing decision. Typically, candidates get to this point one of two ways. They either always dreamed of owning a business of their own,...
Franchising vs Licensing – What You Need to Know
If you’ve started looking into your options for business ownership, then you might have come across the terms “franchising” and “licensing”. Franchising and licensing agreements share some...
The Basics of Franchise Accounting
A successful business doesn’t just happen on its own. While there are many factors involved, the accounting process is foundational. Put simply, accounting is “the process of recording financial...
Another Entrepreneurial Journey: Meet Sam Moreton
Several years ago, with the assistance of Cynthia Mora of FranNet of Houston, Sam Moreton made his own entrepreneurial dreams come true – owning a business that’s all his own. When they first met,...
What is the Goods and Services Tax (GST)?
When thinking about fun topics to discuss, taxes don’t usually make the top of the list. However, understanding the various tax codes that relate to you and your business is key to your success. The...
