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Top tips for franchise success

Top 10 Traits of Best-in-Class Franchisees

Top 10 Traits of Best-in-Class Franchisees You’re ready to start a business, and have decided that the franchise business model is the right fit for you: you want to operate your own business while having the support of an established system behind you. But before you get started and take that giant leap into franchise […]

3 Professionals that Make Great Franchisees

3 Professionals that Make Great Franchisees   While franchising makes it easy for anyone to transition from employee to business owner, there’s no doubt that certain careers are better at preparing you for franchise ownership than others. That’s because over the years, these professionals have acquired specific skills and qualities necessary for running a business […]

Life After Retirement: Plan “B” Your Own Boss

Life After Retirement: Plan “B” Your Own Boss Whether you’re looking to make some extra cash or to remain active during your retirement years, buying a franchise may be just the ticket. Here are three reasons why you should invest in a franchise as a retiree: Minimized Risk  You don’t have to gamble all your […]

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 […]