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...
Initial Training Tips for New Franchisees
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Canadian Franchises
Franchise Assessment Strategies: 4 Things to Expect from Your Franchisor
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 Prospect Profiles: Is Franchising Right for Me?
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...
Franchise Disclosure Documents: What to Look Out For
Updated January 2025 Before buying a franchise, it’s important to research different brands to see which one best aligns with your goals, capabilities, and assets. There are several resources...
Franchisor Versus Franchisee: Roles and Responsibilities (Canada)
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...
The Pros and Cons of Canadian Franchise Opportunities
{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...
What You Can Expect from Canadian Franchises’ Disclosure Documents
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...
Learn to Buy A Franchise: Understanding Franchise Fees
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...
Gary Prenevost was interviewed on CFRB 1010 AM radio show
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,...
Reasons to Buy a Franchise in Canada
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...