Last month, the Canadian Franchise Association (CFA) held their national convention in Ottowa, Ontario, culminating in a gala to celebrate the best in Canadian franchising with the CFA Awards of Excellence. Through entry submissions, more than 70 CFA-member franchise organizations participated in this year’s competition, vying for recognition of awards based on the best franchise [...]
According to the Canadian Franchise Association (CFA), the franchising industry is ranked 12th overall among all business categories, employing an estimated two million workers. Franchises are split among at least 50 different industries and business sectors, everything from fast casual restaurants to fitness and home services to education. In this edition of FranNet of Canada’s [...]
At FranNet of Canada, we understand that many of our clients – and those who may become clients – aren’t altogether familiar with the process of buying a franchise in Canada. This blog will serve as an explainer, going over the stages of what you should consider before, during, and after the franchise investigative process. [...]
Tuesday, March 8 is International Women’s Day, a global celebration of the achievements and accomplishments of females. International Women’s Day, or “IWD” has a declared mission to help spread a message of unity for gender equity and equality in four distinct areas: raising greater awareness about issues impacting women's equality taking a stance to call [...]
A new year has kicked off and our very own Gary Prenevost is here to share his latest insights with the entrepreneurial minded. As the market president and franchise consultant for FranNet serving Toronto, Ontario, and Quebec, he’s a frequent contributor to Franchise Canada Online, where he recently authored a new bylined article last month [...]
As a member in good standing with this organization, FranNet of Canada would like to draw your attention to a website you should bookmark. If you aren’t a regular visitor to the Canadian Franchise Association’s (CFA) website, you’re missing some quality content, information, and resources about franchising in Canada. As the most influential nonprofit trade [...]
It’s finally here—the year 2022, and the month of January is the perfect time for you to contemplate what the new year will bring in terms of your plans, your goals, and how they might integrate with the current business outlook for Canada. In order to supply you with the best information, we’ve done a [...]
In our final blog post of the year, FranNet of Canada would like to take a look back at the year that was (2021), and the year that will be (2022), for the franchising industry. We’ve scoured the internet to find the latest and greatest statistics to share, so sit back, relax, and enjoy the [...]
Your first glimpse of the franchise operations manual will occur on loan, as part of the receipt of the Franchise Disclosure Document’s Item 11. Item 11 refers to the following four categories: Assistance, Advertising, Computer Systems and Training. Shortly after the transactional process is complete, all franchisees will be provided with a permanent copy. So, [...]
When candidates are engaged in the investigative process, reviewing concepts and business models, a major milestone occurs with the receipt of the franchise disclosure document—commonly referred to in the industry by its initials, FDD. The following is an explanation of its contents and how to use this information to your advantage. It’s highly recommended that [...]
