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Canuck Considerations: 4 Facts to Remember Before Buying a Franchise in Canada

Are you considering buying a franchise in Canada? You’re not alone; thousands of entrepreneurs consider getting involved with a franchise system to replace or supplement their existing career. Franchising has spread rapidly in the North American market, with total franchise sales in the US and Canada exceeding $432 billion in 1984 (Knight, 1986, p. 8) [...]

How Does a Franchise Work?

If you are thinking of investing in a franchise, it is important to understand how franchises are similar to and how they differ from other types of business. If you’ve ever wondered “how does a franchise work?” then this article will help to answer a lot of your questions. The franchise structure Franchises expand their [...]

Pros and Cons of Working with Business Brokers

Buying a franchise can be a big undertaking and many people looking to invest can quickly find themselves feeling overwhelmed. Professionals known as business brokers or franchise brokers can help alleviate some of this stress by doing much of the leg work for you. Nevertheless, it is important to remember that there are pros and cons [...]

Avoid All Business Brokers Who Have These Bad Habits

If you are contemplating buying franchise in Canada, the expert advice and assistance of a qualified business advisor can be one of your greatest assets. But just as in any industry there are certain individuals in the field who can give business brokers a bad name. Therefore, knowing how to sort out the good from [...]

You Found a Franchise to Investigate – Now What?

  You’ve chosen the franchises that you want to investigate – congratulations – the easy part is over… now what? There are three phases to detailed franchise research, “Franchisor Discussions”, “Validation” (speaking with existing franchisees), and “Discovery/Confirmation”. It is important to progress through these phases in chronological order   Phase 1 – Franchisor Discussions: (duration [...]

Canada Franchise Expert Shares Restaurant Franchising Tips with Financial Post readers!

President of Canada Franchise Expert, Gary Prenevost, was recently interviewed by the FINANCIAL POST, where he shared his knowledge with readers about the Topper’s Pizza franchise and its future. Topper’s Pizza is a small regional pizza chain, founded in 1982 in Sudbury, is trying to compete with bigger players in the market by expanding their [...]

10 Important Steps to Opening a Franchise

Step 1) Self Evaluation The first thing you have to do in your journey to opening a franchise is self-evaluation. Unfortunately most people rush past this most critical step – take a serious inventory of the skills and experiences you bring to the table; assess what financial and time resources you are prepared to allocate [...]

Professionals Recommended in Your Search for Franchise Opportunities

Every professional athlete has at least one coach; often they have several coaches, each with a specialized area of skill and focus, so that the combined coaching enables the elite athlete to achieve and maintain high levels of performance. Well when done right, being in business should be different – good coaches come in many [...]

Buying a Franchise in Canada

Owning a profitable business can do wonders for your financial health. However, the stress involved in market research, identifying unique opportunities and finally getting the business up and running is no small feat. It can take months to do this. And even then, you’re still working with an educated guess at best – nearly 50% [...]

Benefits of Buying a GOOD Canadian Franchise

Are you looking for a Canadian franchise business opportunity? Buying into one of the best franchises in Canada provides you with an excellent opportunity to successfully run a business that’s based on a proven system.