“Bookkeeping is the practice of organizing, classifying and maintaining a business’s financial records. It involves recording transactions and storing financial documentation to manage the overall...
Informational
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...
How to Get in Contact With a Franchise Owner – A Step-by-Step Guide
If you’re thinking about buying a particular franchise, you should consider speaking with current franchise owners in the same space. A few reasons why you would want to contact a franchise owner...
Are Non-Food Franchises Good Opportunities?
When people think of a franchised business, they likely think of a fast food chain like McDonalds or Burger King. After all, Americans spend $160 billion per year on fast food, which puts them in...
Why Is Branding An Important Part of a Successful Franchise?
“Your brand is the single most important investment you can make in your business.” Steve Forbes If you’re looking to become a franchise owner, finding a franchise with a solid brand is...
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...
Top 3 Most Common Franchising Industries {And Why}
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, there are several...
The Role of a Business Mentor in Entrepreneurship and Franchising
Updated October 2025 Entrepreneurship can be both exciting and overwhelming, especially for those stepping into business ownership for the first time. That’s where business mentorship comes in. A...
What Franchise Brands Look For in a Franchisee
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...
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...
