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...
Like all industries, there are trends in franchising, but unlike other industries, franchising basically covers every single industry out there. With that in mind, we take a look at what industry...
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...
Happy (belated) Canada Day! You should start a franchise, eh.The question is: What type of franchise should you start? If you want to stay close to your Canadian roots or you have come to Canada...