Franchise development refers to the strategic process through which a franchisor expands and grows its franchise system. It can either be the process of converting an idea into a franchise from...
What is Franchise Development?
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The Franchise Blog
What is a Piggyback Franchise?
For anyone interested in purchasing a franchise, it’s important to understand common franchising terms, one of which is “Piggyback Franchising” or “Combination Franchising”. Definition of a...
Turnkey Franchises – Everything You Need to Know
You’re probably familiar with the term “turnkey” especially as it relates to buying a house, but perhaps you’re wondering how it relates to starting a franchise business. “A turnkey business is a...
Negotiating a Rental Agreement for Franchising in Canada
If you are thinking about buying a franchise that requires a physical location, then you’ll likely need to secure a rental agreement. Negotiating a rental agreement is a key element to the start of...
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...
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...
What is a Franchise Agreement?
A franchise agreement is the contract between a franchisor and franchisee outlining the terms of their business relationship and what is expected from each party. It provides the standards that a...
Home-Based Franchises in Canada – What Do You Need to Know?
Work-from-home opportunities have become much more common over the last few years. While it might not be for everyone, the ability to work from home is an attractive option for many individuals in...
Master Franchise Agreements – Everything You Need to Know
Master franchising is a multi-unit model that some franchises use to quickly expand their presence in new territories. It offers a win-win-win partnership for everyone involved. Not only does the...