Franchises as a Business Investment

During this time of low interest rates and uncertain performance in equity markets investors are looking for other options.  Investing in a franchise business is a big decision, but by partnering with the right franchise brand the return can be significant.  Many franchise brand have business models that work well for a semi-passive owner, who still keeps their job, but has 10 to 15 hours a week to devote to…

Franchising Continues to Dominate New Business Development

A large majority of new retail or direct to consumer service businesses are franchises.  Franchises have proven operating systems, training, marketing and ongoing support.  Many of the top risks faced by new business owners are mitigated by being part of a proven, quality franchise system. This predominance of franchises in new business start-ups is not just a North American phenomena, but is occurring world wide.  In 2015, despite a slow…

Making the Right Business Decision

The Discovery Process is the process you, as a potential franchise investor, will use to learn about and evaluate a franchise.  It includes phone interviews with the franchisor and existing franchisees, market evaluation, a review of the FDD (Franchise Disclosure Document) and usually, a visit to their corporate head office.   Taking you time and doing a thorough job can help you ensure you are making the right business decision.…

British Columbia Passes Modern Franchise Laws

British Columbia has joined Ontario, Alberta, Manitoba, New Brunswick and Prince Edward Island as jurisdictions having provincial legislation governing franchises.  The introduction of franchise regulations will not impact most well established franchisors, who already comply with similar franchise laws in other provinces and in some states in the USA. As a potential franchise buyer, even if you are in a non-regulated province you should insist on receiving a copy of a…

Man Going to Jail for Selling Fake In-and-Out franchises

A man in California sold fake In and Out franchises and bilked investors out of over $4 mil. As a professional franchise consultant I help you find quality franchises available in your area, that are a good fit for you.  I am paid a commission by the franchisor when one of my clients signs a franchise agreement.  I will never ask you for a payment for my services, banking information…

Celeb’s Invest in Franchises for a Reason

Franchises offer proven operating systems, marketing materials and plans, established supply chains, interior and exterior design, preferential purchasing arrangements and many other factors which help a business be successful. One would think that celebrities would capitalize on their fame to open restaurants bearing their own name.  In fact, many celebrities have  decided to take advantage of the proven systems offered by quality franchisors.  The following article from “The Island Packet”…

McDonald’s Franchise Woes

McDonald’s was once considered the gold standard for franchise investments.  A McDonald’s was considered to be almost a sure thing.  Now units are closing faster than new ones are opening and many franchisees are struggling.  The McDonald’s brand is struggling to find a place for itself in a world of gourmet burger chains and people looking for healthier options. The latest move, to introduce all day breakfast has caused extra…

Services to Overtake Food In the Franchising Sector

A great article here on how service franchises will pass food franchises in total outlets within the next couple of years.  Competition is high in the food industry, margins are tight, and often the investment for a food franchise is higher than that required for a good service franchise. Many people think about food franchises first when they are looking for a business opportunity, because that is what they are…