Buying a franchise is a great option for anyone who wants to own a business without having to start completely from scratch. While franchises vary in size, investing in a small franchise business...
There is a growing demand for senior care in Canada as the population ages and life expectancies increase. According to Statista, “The demand for long-term care (LTC) in Canada is forecasted to rise...
While the economy is bound to have highs and lows, there are times when an economic downturn will turn into a recession, which is “a significant, widespread, and prolonged downturn in economic...
The health and fitness market in Canada continues to grow as there’s an increasing awareness of the importance of maintaining a healthy lifestyle. According to Statista, the market’s “total revenue...
A General Security Agreement (GSA) is a legal document that grants the lender a security interest in the borrower's personal property or assets as collateral for a loan. Collateral could include...
A cleaning business provides cleaning services in exchange for payment to various types of customers. Services provided include cleaning of offices, homes, shops, schools, equipment, and more. Types...
The Canada Emergency Business Account (CEBA) is a government program that was created on March 27, 2020 in response to the economic challenges businesses faced during the COVID-19 pandemic. It...
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 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...
Franchising is a booming industry in Canada representing $120 billion. While it’s the twelfth largest industry in Canada, it is the second largest franchise industry in the world (CFA). Canada...