5 Things to Consider Before You Invest in a Franchise

LONDON – BUSINESS – Buying a franchise with excellent prospects is an exciting time and it can often lead to quick decisions. However, it’s something that should be thought about carefully, regardless of how certain the business is that the franchise is going to be profitable. Only invest if you’re certain it’s going to be profitable or look at other ventures if you’re unsure. Also, take advantage of the following tips…

Sweat and Equity: Franchise Investment On the Rise

BRENDA BOUW  Special to The Globe and Mail Published Sunday, Aug. 06, 2017 6:02 PM EDT Last updated Sunday, Aug. 06, 2017 6:02 PM EDT   When Ken Whyte and his wife, Colette Fortin, bought a Fairway Divorce Solutions franchise a few years back, their goal was not only to build a business but also to find an alternative way to earn money for retirement. Instead of relying solely on a workplace…

The 3 Scariest Things About Owning a Franchise

Image credit: Shutterstock JOEL LIBAVA Owning a franchise is not for the faint of heart. The idea of being your own boss plus the upfront costs and extra obligations to a corporate business, can be downright frightening. With Halloween around the corner, it’s the ideal time to talk about some of the scary realities that come with owning a franchise. Before jumping into the business, make sure you are aware…

A Big Franchise Equals a Big Risk But Also a Bigger Reward

Opening a large franchise location can be as terrifying as jumping off a high dive — and just as fulfilling if you play your cards right. Image credit: BuddyFly | Getty Images MARC COLLOPY GUEST WRITER A high diving board in summer always seemed higher when you were the kid bouncing up and down at the end of that slender plank. Suddenly, the water looked far, far away. You shivered, despite…

Ideal franchises to attract corporate refugees

Norman Friend Western Investor July 31, 2017 We’ve looked at the growing trend of “corporate refugees” quitting the rat race and turning to franchises as a liberating career choice. In part one, we looked at why this is happening, and in part two, why corporate refugees make great franchisees. In this third and final part, we take a closer look at why mobile/service franchises tend to be the best fit for this…