Ever wondered how franchise owners make their money? Whether you are buying a franchise or starting your own business from scratch, it’s important to know what to expect regarding how you will get...
How Do Franchise Owners Get Paid?
read more
The Franchise Blog
Tax Deductible Expenses For Canadian Businesses
"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...
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 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...
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,...
Revisiting a Client Success Story: Ryan Mann & Olga Torbello
You may remember a couple of entrepreneurial alumni who previously worked with Diana Trondsen, Market President and Franchise Consultant of FranNet of Houston - Ryan Mann and his fiancé, Olga...
Buying a Franchise vs. Starting Your Own Business
The first step to running your own business is to decide which path you want to take to become a business owner. One option is to start your own business from scratch. Another option is to buy a...
Is It Possible to Get Out of a Franchise Agreement?
It might be helpful to start this discussion by answering the question, “What is a franchise agreement?" A franchise agreement is a legally binding contract between a franchisor and a franchisee...