While some prospective franchise owners are seeking to open a business in their hometown, others are looking to start a franchise business in the most friendly business environment. After all,...
Canadian Franchises
What’s HOT in franchising and why?
Like all industries, there are trends in franchising, but unlike other industries, franchising basically covers every single industry out there. With that in mind, we take a look at what industry...
Women in Franchising
FranNet research reveals that between 2011 and 2017, female franchise ownership in the US and Canada jumped by 83 percent, while male ownership increased by only 13 percent. This startling...
What You Need to Know About Penalty Clauses in Franchise Agreements
Updated October 2024 A penalty clause in a franchise agreement is a provision that imposes specific penalties on the franchisee if they fail to meet certain contractual obligations. Penalty clauses...
Just how big is franchising in Canada?
The “franchise industry” is often spoken of in Canada, but the truth is that franchising stretches across nearly every industry. It plays an integral role in the Canadian economy and employs loads...
8 Most Canadian Types of Franchises to Start
Happy (belated) Canada Day! You should start a franchise, eh.The question is: What type of franchise should you start? If you want to stay close to your Canadian roots or you have come to Canada...
7 Best Franchises to Start with Your Dad
With Father’s Day coming up this week, we wanted to celebrate all the dear old dads out there with some franchising ideas that you could start with your pop. Or, if you are a pop, you could start...
Wealth Building 101: Your Own vs Someone Else’s
You could go about building wealth for yourself in several different ways: real estate, the stock market, investing in some other kind of lucrative money-making endeavour, inventing something,...
Gary Prenevost on CBC’s On The Money: Millennial Franchisees
What are millennials throwing their collective weight at now? The franchise business! For some, it's because of a desire not to be chained to a desk all day. And many are tapping into the Bank of...
A Look at Canadian Legislation for Protecting Franchisees: Uniform Law Conference of Canada’s Uniform Franchises Act
Franchising in Canada is governed by a mosaic of different laws across the country. In over half of the country, there is no official law governing franchising at all. This is where the Uniform Law...