Updated October 2024 The cost of buying a franchise will widely vary from franchise to franchise. However, there are several costs to consider that are common to most franchise opportunities. While...
The Franchise Blog
Pulling Off Seasonal Promotions
Yesterday was Halloween, the spookiest day of the year for young trick or treaters. Quick quiz—did you happen to run any type of promotion for your customers to play off of this holiday? No...
The Alberta Franchise Act: Provincial Legislation That Protects Franchisees
Updated December 2023 While individual provinces in Canada have the option to create and administer laws related to franchising, there are some parts of the country that don't have any franchising...
What to Ask Current Franchisees When You’re Thinking About Joining a Franchise
As part of your due diligence when researching franchises, you should ask current franchisees in the system about their experiences. In provinces that have franchise legislation that requires...
Understanding the Difference Between Traditional, Non-traditional, Mobile, and Home-Based Franchise Units
A franchise is a franchise is a franchise, right? Not exactly. Many franchises have a single format like a physical, standalone store, while other franchises have a variety of options to choose...
What you Need to Know About Health and Beauty Franchising in Canada
Being fit and healthy and looking good are things that will always remain important to people, which is why the health and beauty industry is always a good bet to get involved in. Fortunately for...
Franchise Financing Options—Where Do You Stand?
If you’re finally considering crossing over onto the path of becoming your own boss, you aren’t alone if you’re worried about how you’re going to pay for the privilege. While there are over 3,000...
Understanding Franchise Relationship Structures
Franchising, at its core, is a way for a company to expand and distribute its products or services. In “Traditional Franchising,” product manufacturers use a downstream distribution system to get...
Pros and Cons of Differing Managerial Styles
Think back on your career arc up until this point as you, hopefully, are now considering a new path toward becoming your own boss. Did you have a lot of bosses along the way? What were they like? If...
Buying 3 Instead of 1: The Case for Multi-Unit Ownership
In this edition of FranNet’s blog, we pose a thought-provoking item for your proposed entrepreneurial agenda. If you’re able to buy a franchise, should you consider buying three instead of one?...