By: Alicia Saunders Franchising is a great way to start your own business without having to do it on your own. You’re given the tools you need to build your business and the support from a franchise system that wants you to succeed. However, there are a few factors to consider before you get started: […]
Top tips for franchise success
Ask the Expert: : What Questions Must Franchisees Ask Their Franchisor Before Leasing Business Space?
By Dale Willerton and Jeff Grandfield A: Many potential franchisees and have never signed a commercial lease before. They’re not only faced with selecting a great franchise system, but also understanding the complexities of commercial leasing. Here are some of the many questions that franchisees need to ask their franchisor before beginning the site selection […]
By Sherry McNeil The franchising sales process starts when a potential franchisee makes initial contact with the franchisor. The term “sales process,” is used to identify the transition from potential candidate to franchisee with a new location. The future franchisee will meet a variety of people throughout the sales process. Some franchisors may rely on […]
By Jordan Whitehouse Back in the mid-2000s, Leigh and Tim Ostiguy were working in Alberta’s oil fields, and life was, as Leigh puts it, “really overwhelming.” The couple’s jobs were becoming ever-more stressful; Tim’s sometimes kepthim away from home for weeks at a time. With a blended family of eight active kids, it’s not surprising […]
By James Popkie In the process of building and financing your franchise, a business plan is a crucial step. It helps lenders get an idea of what your scope is as well as helping you map out the success of your franchise. If the idea of creating a business plan seems overwhelming, here are five […]
Each year, thousands of people across Canada invest in franchise opportunities for a multitude of personal, financial, and vocational reasons. Here are 10 of the many benefits that becoming a franchisee can bring. 1. No ‘reinvention of the wheel’ required When you invest in a franchise, you gain access to and use of its operations […]