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...
Canadian Franchises
FCRs, FSRs, & Quick Serve Restaurants in Canada: What’s the Difference?
It is notoriously difficult to be a successful standalone restaurant, particularly when the economy is bad. According to Nima Samadi, senior analyst at IBISWorld, full-service restaurants back in...
Financial Resources for Female Business Owners in Canada
March just happens to be International Women’s Month, a time to celebrate the progress and achievements of female trailblazers. And March 8 is International Women’s Day, a time to raise awareness...
2023 is Here – Time to Kickstart Your Inner Entrepreneur
With a new year upon us, a time of change awaits – for those willing to explore the possibilities of business ownership through franchising. Each individual pursuing this aim will have a unique...
What to Expect During the Franchise Buying Process
Becoming your own boss can be accomplished in three distinct ways. You could go to all the trouble of starting your own venture from scratch, reinventing the wheel along the way. The next option is...
Another Entrepreneurial Journey: Meet Vilmars Forstmanis
Vilmars Forstmanis always had an interest in entrepreneurship. But he didn’t have much of an idea of how to go about it. During his former career, he didn’t have the need to pursue this interest...
Ready to Make 2023 a Year of Change? Then Get Started Now.
Have you ever made a New Year’s resolution? Chances are, you have. We all have. Now, on to the follow-up question – were you successful in keeping it? Chances are, you weren’t. There’s not a lot of...
Recapping the Annual FranNet Fall Conference
Last month, FranNet’s corporate office hosted our annual Fall Conference. Each year, this is a time for our FranNet consultants, suppliers, vendors, and even a few select brand representatives to...
Worried About an Economic Downturn? How to Prepare
For months on end, economic pundits have offered a wide range of opinions on whether Canada will slip in a period of recession. This is similar to the conversation in the U.S., as advisors continue...
Canadian Tax Advantages for Small Business Owners
Time and again, FranNet of Canada has extolled the virtues of becoming your own boss by using franchising as the means to establish business ownership. Need a quick review? With franchising, you get...