B.C.’s new Franchise Act comes into force February 2017

The new B.C. Franchise Act comes into force Feb. 1, 2017 and puts Canada’s most westerly province in line with five others with similar legislation. While the act was passed in Nov. 2015, the B.C. government has been drafting regulations which were passed last month Tony Wilson says the new act and regulations ‘levels the playing field’ and has enhanced franchise legislation. “We have five provinces out of 10 that…

Why Is it Better to Start a Business than Stay in a Job?

Leaving a job to start a business venture is not something you should take lightly. Here are some reasons why it is better to start a business of your own instead of staying at your current profession. 1.    You have no real improvement with your current job When it comes to profession or business, the term improvement is almost always associated with better financial condition. This is not wrong, but…

7 Reasons Investing in a Franchise Helps You Succeed in Business Faster

Why do so many entrepreneurs who want to own their own business enter franchising instead of starting a business from scratch?  “I am a huge fan of the franchise business model,” says Roland Spongberg whose company, WKS Restaurant Group, owns and operates 25 Denny’s  in California, Nebraska, Missouri, and Illinois. “It allows us to focus on doing a few basic things very, very well, while leveraging the franchisor’s expertise to achieve…

Handyman Connection Named As One Of Franchise Times Top 200+ Franchises

Handyman Connection announced today it has been named one of Franchise Times Top 200+ Franchises of 2016. The Blue Ash, Ohio-based company was ranked #477 on the list of the country’s largest franchises. The Franchise Times Top 200+ is an annual ranking of the 500 largest franchise systems in the U.S. by global system wide sales, based on the previous year’s performance. “We are elated to once again be included…

‘At Your Age?’ Why This Baby Boomer Ditched Corporate America for Entrepreneurship

Jim Alley was the stereotypical corporate success story. Over the course of 30 years, 20 of which he spent with Motorola, he rose through the ranks from entry-level employee to senior manager. He valued the security, the paycheck, the benefits, and the sense of loyalty and comradery that defined his company’s culture–at least until the mid-2000s, when buzzwords like “rightsizing” and “outsourcing” began to mean “colossal changes.” In 2015, after…