Updated October 2024 A penalty clause in a franchise agreement is a provision that imposes specific penalties on the franchisee if they fail to meet certain contractual obligations. Penalty clauses...
What should you expect when you make an appointment with a FranNet consultant? We’d like to answer that question and demystify the process starting from your first meeting with your Consultant....
The “franchise industry” is often spoken of in Canada, but the truth is that franchising stretches across nearly every industry. It plays an integral role in the Canadian economy and employs loads...
Jim Malcolm is Colorado’s Master Franchisee for Enviro-Master Services. His successful operation, begun just two short years ago, is rapidly approaching $1 million in sales, and he got there because...
With Father’s Day coming up this week, we wanted to celebrate all the dear old dads out there with some franchising ideas that you could start with your pop. Or, if you are a pop, you could start...
You could go about building wealth for yourself in several different ways: real estate, the stock market, investing in some other kind of lucrative money-making endeavour, inventing something,...
What are millennials throwing their collective weight at now? The franchise business! For some, it's because of a desire not to be chained to a desk all day. And many are tapping into the Bank of...
The power of observation is an incredible tool, if you’re willing to put time, effort and patience into doing so. We assume everyone who reads this blog is at least tangentially interested in a...
When we meet people and tell them about what we do, it is not uncommon for them to tell us that they have never heard of a franchise consultant service like ours before. They sometimes ask why...
When you’re starting a franchise that sells products, it’s exciting to receive your first shipment of inventory. All those boxes being delivered mean lots of profits. All you have to do is put...