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Top tips for franchise success

4 McDonald’s Canada Franchisees Share their Tips for Success

  4 McDonald’s Canada Franchisees Share their Tips for Success When Ray Kroc franchised the first McDonald’s restaurant in Des Plaines, Illinois, on April 15, 1955, he had no way of knowing that that day would mark the birth of one of the most iconic franchise brands in the world. But what he did know […]

Why Some Franchises Fail 

Why Some Franchises Fail Franchising is growing. This year alone, the Canadian franchise industry is projected to grow by 2.59% ($+2.5 billion net increase), putting the total franchise-GDP contribution to $100.6 billion!  But that doesn’t mean success, as a franchisee, is guaranteed. Like any business investment, franchises can fail. Here are 3 common reasons why […]

Starbucks isn’t franchising in Canada. Here are 3 home-grown alternatives

Starbucks isn’t franchising in Canada. Here are 3 home-grown alternatives There are tons of franchise opportunities on Lookforafranchise.ca to learn more about. Unfortunately, if you live in Canada, Starbucks won’t be one of them. That’s because despite having thousands of locations worldwide, Starbucks doesn’t franchise to individuals. But that doesn’t mean you still can’t make […]

How Do You Thrive In Your First Year in Franchising

How Do You Thrive In Your First Year in Franchising Congratulations, you bought a franchise! Now how do you not just survive but thrive in your first year as a business owner? Here are three key tips you can use to get over that  hump:   Be Financially Ready: Ensuring your finances are in order […]

How much money can I make as a franchisee?

How much money can I make as a franchisee? Is buying a franchise a sound financial investment? You’ve done your research. You’ve done your due diligence. Do you still find yourself pondering one of the most pressing questions: “will I make money as a franchisee?” In considering franchise opportunities, franchisees invariably want to know – […]

Franchising: Red Light, Green Light

Franchising: Red Light, Green Light Is investing in a franchise a sound financial move? Unfortunately, there is no concrete answer. While there are many great reasons to invest in a franchise, whether it turns out to be a great investment or not should be addressed on a franchise-to-franchise basis. When doing your due diligence as […]

THIS is what you should do instead of worrying about the competition

THIS is what you should do instead of worrying about the competition   When starting a business, it can be tempting to worry about the competition. But as the Founder of Qozen Yoga and Well-Being Studio, Michelle Burton, pointed out on the Franchise Canada Chats Podcast, doing so is not productive. Fretting about the competition […]

9 Questions You Should Ask Yourself Before Investing in a Franchise

9 Questions You Should Ask Yourself Before Investing in a Franchise Should I invest in a franchise? Here are nine important questions to ask yourself first: Do I have the right personality? Are you OK with following strict rules and procedures? How has rule-following worked for you in the past? Imagine walking into your favourite […]

Why Women Are Finding Success in Franchising

Why Women Are Finding Success in Franchising In celebration of International Women’s Day on March 8, here’s a look at why more and more women are stepping into the world of franchising and are finding success as entrepreneurs. They’re Natural Multitaskers: Let’s face it: women tend to be great at multitasking. Although a generalization, there’s […]

The Five Best Things about Franchising

The Five Best Things About Franchising Buying a franchise can seem like a big risk but, as Matt Crowell from GetintheLoop pointed out on the Franchise Canada Chats Podcast (click here to listen to the full episode), once the tough questions are answered, franchise ownership can be one of the best pathways to running your […]