Should You Buy an Existing Franchise or Start Your Own?

Sometimes buying a franchise doesn’t mean engaging with the franchisor and starting a business from scratch, sometimes it means purchasing an existing franchise location. Much like standalone businesses, franchises can be sold if the owner doesn’t want to be in that business anymore.<[...] Read more...

How to Read a Franchise Disclosure Document

Last week, we looked at what the Canadian Franchise Association (CFA) recommends franchisors include in their Franchise Disclosure Documents. This week, we will discuss how to read one of these documents, which are brimming with useful information for prospective[...] Read more...

Best Practices for Franchisor Reporting

Throughout the franchising relationship, the franchisor is obligated to share specific details, documents, and information with prospective franchisees, as well as current franchisees. Provinces with franchising legislation will have specific reporting requirements and if you’re a franchiso[...] Read more...

The Role of the Franchisee in a Franchising Agreement

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 success also depends on how much effort you put into the deal.

Let’s take a lo[...] Read more...

What You Need to Know About Children’s Products and Services Franchising in Canada

Ensuring their children lead happy, healthy and safe lives is the most important thing for parents. This parenting priority means a lot of lucrative business opportunities for savvy entrepreneurs. Purchasing a franchise dedicated to children’s products and services can lead to a lifetime of[...] Read more...