With over 76,000 franchises across the country, franchising is a business model that is widely successful in Canada and throughout the world. A franchise can provide immediate benefits to a first-time small business owner that they would otherwise not receive.  The simplest way to explain franchising is to compare it to following a recipe from [...]

Every aspiring entrepreneur knows that buying a franchise is a great business opportunity. Joining a franchise offers benefits like increased brand recognition, franchise assistance, and the opportunity to be your boss. While these facts are well known, a question that often gets overlooked is: When is the best time to buy a franchise? While situations [...]

“Failure” is a word that most entrepreneurs would rather not understand. But to achieve the goals that we set for ourselves, it is necessary to be deeply familiar with its meaning. And that’s how it goes for franchising, an industry that – yes, it’s true – does experience failure. As much as we plan for [...]

Joining a franchise is a great business decision. By undertaking this commitment, franchisees have access to benefits that are not available for independent entrepreneurs. However, some franchisees may find themselves ill-prepared for the depth of this commitment in their first year of operation, something that could make for a difficult time. But it doesn’t have [...]

Congratulations, you’ve made it: You’ve transitioned from owning one restaurant to several as a newly minted food franchisor. It’s taken a lot of hard work and perseverance to get to this point, but your journey isn’t over yet. In fact, in many ways, the hard work has only just begun… Operating a chain of restaurants [...]