If you are thinking about buying a franchise that requires a physical location, then you’ll likely need to secure a rental agreement. Negotiating a rental agreement is a key element to the start of...
Canadian Franchises
Tax Deductible Expenses For Canadian Businesses
"Why did the entrepreneur become a chef? So he could write off all his meals as 'research expenses.'" There are plenty of jokes to go around about taxes, but one thing is certain: most people aren’t...
Canada Digital Adoption Program (CDAP) – What Do You Need to Know?
COVID-19 had a widespread impact on businesses and the way they operate. The restrictions that were imposed to various extents around the world severely limited many industries that relied on...
What is the Goods and Services Tax (GST)?
When thinking about fun topics to discuss, taxes don’t usually make the top of the list. However, understanding the various tax codes that relate to you and your business is key to your success. The...
What is a Franchise Agreement?
A franchise agreement is the contract between a franchisor and franchisee outlining the terms of their business relationship and what is expected from each party. It provides the standards that a...
Home-Based Franchises in Canada – What Do You Need to Know?
Work-from-home opportunities have become much more common over the last few years. While it might not be for everyone, the ability to work from home is an attractive option for many individuals in...
Master Franchise Agreements – Everything You Need to Know
Master franchising is a multi-unit model that some franchises use to quickly expand their presence in new territories. It offers a win-win-win partnership for everyone involved. Not only does the...
How to Finance a Franchise Purchase in Canada
While business ownership always carries a certain amount of risk, buying a franchise can offer you a more secure path to becoming a business owner. After all, when you buy a reputable franchise, you...
Lifestyle Franchise: Everything You Need to Know
In today’s society, more and more people are seeking to achieve a work-life balance that embraces the mindset of “working to live” and not “living to work.” She may be known for her singing, but...
Franchise Disclosure Document (FDD) Requirements in Canada
The Franchise Disclosure Document (FDD) is a legal document that offers key information to help potential franchisees make an informed decision. While this document is exceedingly helpful for a...