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,...
Despite various economic challenges, franchising in Canada continues to flourish in 2024. Representing more than $120 billion of Canada’s GDP, franchising is the 12th largest industry in the country...
Franchising in Canada is more popular than ever. However, as more people talk about franchise systems, more misinformation is allowed to spread! In today’s post, the FranNet team myth-busts four...
The number of available home-based franchises in Canada is growing – and it’s easy to see why. The idea of working from home, having a flexible schedule and being able to spend more time with family...
If you’re like 80% of Canadians, you’re enamoured by the idea of having your own business. You are likely struggling with a number of factors… What concepts are hot right now? What business suits...
Imagine driving through your home town and you notice several of the same franchise brand within a short distance from one another. You might wonder how these stores compete with one another being...