Understanding the franchise agreement: Are they all the same?

December 10, 2018 in Canadian Business Franchise By Peter Snell Photos © www.bigstockphoto.com For most prospective franchisees new to franchising, a multi-page and standard form of franchise agreement is a new and unknown entity. For many, all contracts may look the same, or at least similar; therefore, it may be hard for a prospective franchisee to know if the agreement meets their needs. Are franchise agreements really all the same,…

Is Buying a Franchise Right for You?

Published in Global  Banking & Finance Review   December 4th, 2018 The best time to buy a franchise may just be right now. According to a Franchise Resales report, the current demographic and financial ecosystem is ripe for buying franchises. There is greater access to capital for starting your business than ever before and many baby boomer franchisees are now retiring and their franchises are up for grabs. Franchises as a…

6 Franchise Business Plan Must-Haves

AUTHOR: BeTheBoss.ca DATE: NOV 23rd, 2018   Your business plan for your Canadian franchisor is your blueprint for success, and it is also something lenders will consider when evaluating your loan application. If you haven’t made a business plan before, the process can seem a bit intimidating, even with a template. Your plan will need to be tweaked for your specific needs, but here are six sections every complete plan…