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...
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...
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...
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...
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...
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...
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?...
Updated September 2024 A franchise agreement is a legal contract between a franchisor and franchisee that outlines the terms and conditions under which the franchisee can operate using the...
Updated July 2024 A franchise discovery day is an in-person meet-and-greet with representatives from a franchise concept that you’re considering. It’s typically reserved for serious inquiries, not...
Joining a good franchise is like joining a family. You’ll be surrounded by people who want to see you succeed and you’ll have a great support system in place to help you succeed. However, your...