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Franchising in Canada: The Importance of Due Diligence

Franchising in Canada is one of the best ways for entrepreneurs to set themselves up for success in a given industry, but it’s not foolproof. If you don’t practice due diligence, you could be gambling your family’s financial future. In today’s post, we discuss the importance of due diligence and introduce readers to a responsible franchise [...]

By |2017-02-19T04:11:18+00:00February 19th, 2017|Categories: General|Tags: , |

3 Smart Things to Do Before You Start Franchising in Canada

We’re still in the dead of winter, but the economy is going to start heating up with the weather soon, which means it’s a great time to consider franchising in Canada. Today’s post outlines three things you need to do before signing the franchise agreement this spring. Know exactly what you’re paying for. Buying a [...]

Franchise Adviser Shares 4 Tips for Securing Financing

How many business dreams have been dashed because start-up costs seemed prohibitive? Don’t let your lack of capital quash your dreams of franchising in Canada: sit down with a lender, wow them with your business plan, and chase your dreams! The FranNet team has been helping prospective business owners finance their franchise dreams for years. [...]

By |2016-09-19T10:53:33+00:00September 19th, 2016|Categories: General|Tags: , , , |

Debunking 4 Myths About Franchising in Canada

Franchising in Canada is more popular than ever. However, as more people talk about franchise systems, more misinformation is allowed to spread! In today’s post, the FranNet team myth-busts four persistent of pieces of misinformation about franchising in Canada.   Myth #1 - Franchising in Canada is all about fast food and retail.   If you [...]

By |2016-09-13T10:16:22+00:00September 13th, 2016|Categories: General|Tags: |

Franchising in Canada – 4 Fun Things Franchisees Get To Do

  When you’re trying to decide whether franchising in Canada is right for you, you’ll probably get into conversations about the “pros and cons.” These often compare the franchise’s potential financial return and business enjoyment against the threat of competition, cost of startup, and amount of work involved. In this post, we share some of the [...]

By |2016-07-10T04:17:56+00:00July 10th, 2016|Categories: General|Tags: |

Decide Your Own Success

Setting measurable goals for your franchise and how to work toward their completion   With anything in life, success is measured against the backdrop of expectation. If one has lofty dreams of grand achievement that are divorced from reality, disappointment is inevitable. However, if you realistically evaluate the different realms in which success can be [...]

Top Canadian Franchises; Why They Lead

Transitioning from the cumbersome shackles of corporate work to the spacious leg room of owning your own business is undoubtedly exhilarating. However, becoming an established franchisee is not merely a case of finally being able to set your preferred working hours. Behind each top Canadian franchise are core elements of success. Vision  The start of [...]

Canada’s Franchise Expert Weighs in on Opportunities in the Franchise Industry for Young Entrepreneurs with The Globe and Mail

  Gary Prenevost, Canada’s Franchise Expert, spoke with The Globe and Mail about the benefits and challenges of investing in a franchise as a young entrepreneur “We see it as a shifting trend (young people buying franchises),” Mr. Prenevost says. “After four years of university, people are graduating with MBAs, expecting to ‘pick and choose’ [...]

The Pros and Cons of Franchise Ownership

Franchising is way more than food and retail! There are over 1000 franchise concepts in Canada today covering over 50 different industries, meaning there are a vast number of franchising opportunities that can enable you to own your own business. As I’ve said many times before, just because something is franchised, this doesn’t mean that [...]

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 [...]