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...
The Franchise Blog
10 Steps to Take To Make Money in a Recession
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...
Gym Franchises in Canada [Trends and Facts]
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...
The General Security Agreement – Everything You Need to Know
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...
Cleaning Franchises in Canada [Trends and Facts]
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...
CEBA Loan Payments: A Comprehensive Guide to Effective Management
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...
The Future of Canadian Franchising: What to Expect in 2024
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...
Low Cost Franchises in Canada – What to Expect
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...
How to Buy a Franchise in Canada as an Immigrant
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...
What is the Cost of Starting a Franchise in Canada?
It shouldn’t come as a surprise that there isn't a simple answer to this question. That’s because the cost of starting a franchise in Canada widely varies depending on the brand, industry, and...