By: Shawn Saraga It’s important to ask yourself this critical question: “What is more important to me: establishing a more stable business, or doing things my own way?” Traditionally, independent business owners are interested in doing things their own way. This obviously works for thousands of entrepreneurs across the country; however, the failure rate is […]
Top tips for franchise success
Ask a Franchise Consulting Expert: Why should I buy a franchise instead of starting my own business?
By Lauren d’Entremont The Franchise Show is coming to a city near you! The Franchise Show is in Toronto on October 22 & 23, and in Vancouver on November 5 & 6. Here’s some tips to help you get the most out of this franchise trade show. 1) Prepare beforehand Research industries that interest you – […]
Many people dream of owning a business, but not everyone has that “million-dollar idea” or the know-how to start a business from scratch. For these people, franchising offers a feasible path to business ownership. With a franchise, aspiring entrepreneurs can buy in to someone else’s great idea – one that’s already been developed into a […]
Two iconic food service franchise brands are coming together as one after DRUXY’S Famous Deli announced the acquisition of Williams Fresh Cafe in January. With 26 franchise locations in Ontario, Williams Fresh Cafe will expand the DRUXY’S reach to 70 delis, cafés, and kiosks in southwestern Ontario. The new brand entity is also set to […]
Meeting face-to-face with a prospective franchisor is an important step in the franchise investigation process. Here are five questions you should ask when you meet the franchisor, and why they’re important: 1. How much is the initial investment and what does it include? Though this number may be given to you as a range, as […]