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...
The Franchise Blog
What You Need to Know About Penalty Clauses in Franchise Agreements
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 to Expect with FranNet Entrepreneur Profile
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....
Just how big is franchising in Canada?
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...
8 Most Canadian Types of Franchises to Start
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...
Get to Know: Jim Malcolm, of Enviro-Master Services
Jim Malcolm is Colorado’s Master Franchisee for Enviro-Master Services. His successful operation, begun just two short years ago, is rapidly approaching $1 million in sales, and he got there because...
7 Best Franchises to Start with Your Dad
With Father’s Day coming up this week, we wanted to celebrate all the dear old dads out there with some franchising ideas that you could start with your pop. Or, if you are a pop, you could start...
Wealth Building 101: Your Own vs Someone Else’s
You could go about building wealth for yourself in several different ways: real estate, the stock market, investing in some other kind of lucrative money-making endeavour, inventing something,...
If You Want to Franchise, First You Must Observe
The power of observation is an incredible tool, if you’re willing to put time, effort and patience into doing so. We assume everyone who reads this blog is at least tangentially interested in a...
Balancing Inventory and Cash Flow in your Franchise: What You Need to Know
When you’re starting a franchise that sells products, it’s exciting to receive your first shipment of inventory. All those boxes being delivered mean lots of profits. All you have to do is put...