To say that franchising sometimes takes real teamwork to become a success is fairly common. And this sentiment is perfectly expressed by husband and wife Ivan Oliver and Karina Esparza, proud owners...
We’re going to talk a little bit about a unique financing option for franchisees known as Rollover for Business Startups or, ROBS, for short. A FranNet finance partner, such as Guidant Financial,...
Unfortunately, small businesses can be susceptible to fraud and that includes franchises. Fraudsters often present themselves as individuals who can help small businesses thrive by taking on lots of...
During last week’s blog edition, we talked about the numerous ways that franchisee candidates can secure funding to make their entrepreneurial dreams come true. We hope that the information provided...
Deciding on franchise ownership can mean an exciting time for you. Being a new franchise owner may not, at times, be easy. Yes, you do get a bit of a head start on business owners who choose to go...
Grand openings are a big deal. You have to build excitement, drum up interest, make sure all the little details are taken care of so it goes smoothly and then make a big splash once your...
During this edition of FranNet’s blog, we’re going to take you on an imaginary journey—one in which you’ve already contacted FranNet about franchising and made an appointment. You remember, don’t...
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...
What should you expect when you make an appointment with a FranNet consultant? We’d like to answer that question and demystify the process starting from your first meeting with your Consultant....
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...