When newcomers approach franchising for the first time, franchise deposits are common causes for concern. Because self-starting doesn’t impose these up-front fees on the entrepreneur, some people...
Training is a crucial part of franchising. Successful franchises deliver consistency, which requires clear, organized, and efficient operational systems that can only be passed on with proper...
In today’s post, the FranNet team shares 4 franchise assessment strategies to inform your preliminary research process. Read on to learn 4 things you should expect from a quality franchisor and find...
Analyzing the profiles of successful franchisees is an incredibly valuable exercise for those still involved in the preliminary stages of franchise research and application. In today’s post, we...
Before you buy a franchise, it’s important to research different systems to see which brands best align with your goals, attributes, capabilities, and assets. As you work through this research...
Before you buy a franchise, it’s important to know the responsibilities that come with it. In today’s post, we break down the roles of franchisee and franchisor, outlining the different...
{Updated February 2024} According to the Canadian Franchise Association, franchising “is the 12th largest industry in Canada and the second largest franchise industry in the world.” Franchising is a...
The Franchise Disclosure Document (FDD) is something that every franchisee will have to face at some point. As you work through the legal and financial details of this document, it’s quite normal to...
Franchise fees are perhaps one of the most misunderstood aspects of owning a franchise. Some entrepreneurs look at a franchise fee as a superfluous expense - something nobody needs during start-up...
Check out my interview with Zane Caplansky on Let's Eat with Zane Caplansky on CFRB 1010 AM this past Saturday. Had the pleasure to share the panel with some great guys and experts in their field,...