Most people probably think of a restaurant when they think of a franchise, like McDonald’s or Taco Bell. While franchising is most closely associated with the food industry, having a large presence...
Are you thinking about buying a franchise? If so, you should consider a business mentorship. Business mentorship is a valuable resource for entrepreneurs seeking to be successful in their business...
The auto repair industry is a multibillion dollar market with steady growth being driven by the increasing number of vehicles. Auto repair and maintenance includes the following types of services: ...
At FranNet, our mission is to expertly match prospective franchisees with the franchises that best suit their ambitions and capabilities. While it’s important for potential franchisees to evaluate...
The Canada Emergency Business Account (CEBA) is a government program that was created on March 27, 2020 in response to the economic challenges businesses faced during the COVID-19 pandemic. It...
A service-based franchise is exactly what it sounds like - it’s a franchised business that provides a service to its customers. The type of service will vary, but it generally offers a convenience...
Starting a business after retirement is becoming more common among retirees seeking supplemental income or wishing to remain active. If you’re nearing retirement, then it’s worth considering whether...
[All the information is taken from the International Franchise Association's 2024 Franchising Economic Outlook] There’s no doubt that we were faced with significant economic challenges in 2023 -...
While there’s been plenty of economic uncertainty at the start of 2024, franchising has continued to prove itself as a stable industry. Despite inflation, labor shortages, and rising interest rates...
While the franchise industry faced various economic challenges in 2023 such as inflation, labor shortages, and rising interest rates, it still met or exceeded projections. According to the 2024...