Updated November 2024 Franchising offers notable advantages over starting a business from scratch, including an established customer base and a trusted brand with proven operating procedures....
Franchise Royalty Fees Explained
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Costs Associated with Starting a Franchise
Updated October 2024 The cost of buying a franchise will widely vary from franchise to franchise. However, there are several costs to consider that are common to most franchise opportunities. While...
The Alberta Franchise Act: Provincial Legislation That Protects Franchisees
Updated December 2023 While individual provinces in Canada have the option to create and administer laws related to franchising, there are some parts of the country that don't have any franchising...
How to Negotiate a Franchise Agreement
Updated September 2024 A franchise agreement is a legal contract between a franchisor and franchisee that outlines the terms and conditions under which the franchisee can operate using the...
Discover Absentee Ownership
More and more professionals are becoming absentee or semi-absentee business owners as a way to maintain the benefits of a job, while creating additional revenue and wealth. What is it? 1. Both job...
What to Expect on Discovery Day
Updated July 2024 A franchise discovery day is an in-person meet-and-greet with representatives from a franchise concept that you’re considering. It’s typically reserved for serious inquiries, not...
What to Consider When Buying a Franchise
Updated April 2024 Many entrepreneurs who want to become a business owner might be concerned with the risks that come with starting a business from scratch. That’s where franchising comes in....
The Importance of Building a Strong Franchise Support Team
Updated June 2024 To create a viable franchise, a franchisor must first develop the infrastructure for the entire franchise business, which ultimately impacts each franchisee. The foundation of this...
Your First Meeting with FranNet
STEP ONE On our FranNet blog, we’ve covered a lot of topics. All are related to the franchise industry, including trends, news and informative articles designed to educate our potential clients...
Tax Preparation Franchise: What to Know
Updated March 2025 Franchising offers entrepreneurs the chance to start a business with the backing of an established brand, providing a level of trust and credibility that can take years to build...