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...
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...
⚠️ Important Update: As of January 19, 2024, new CEBA loan repayment terms are in effect. If your business hasn't repaid its loan, you may now be accruing interest. Make sure you understand your new...
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...
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...
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...
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...
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...
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...
Are you considering franchise ownership but wondering how you’re going to obtain financing? Fortunately, it’s in the Canadian government’s best interest to support business growth in the country,...