Buying a franchise is a great option for anyone who wants to own a business without having to start completely from scratch. While franchises vary in size, investing in a small franchise business...
Canadian Franchises
Canadian Senior Care Franchises [Trends and Facts]
There is a growing demand for senior care in Canada as the population ages and life expectancies increase. According to Statista, “The demand for long-term care (LTC) in Canada is forecasted to rise...
10 Steps to Take To Make Money in a Recession
While the economy is bound to have highs and lows, there are times when an economic downturn will turn into a recession, which is “a significant, widespread, and prolonged downturn in economic...
Gym Franchises in Canada [Trends and Facts]
The health and fitness market in Canada continues to grow as there’s an increasing awareness of the importance of maintaining a healthy lifestyle. According to Statista, the market’s “total revenue...
The General Security Agreement – Everything You Need to Know
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...
Cleaning Franchises in Canada [Trends and Facts]
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...
CEBA Loan Payments: A Comprehensive Guide to Effective Management
⚠️ 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...
The Future of Canadian Franchising: What to Expect in 2024
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...
Low Cost Franchises in Canada – What to Expect
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...
How to Buy a Franchise in Canada as an Immigrant
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...
