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Franchising in 2025: Trends and Challenges

by Kimberly Crossland| February, 04, 2025| Blog Hotspot for Franchise News ...
Agility will be key to finding success in 2025 as the market conditions evolve. With that in mind, let's try to get ahead of the curve by diving into some of the key trends that appear to have a noticeable impact on the Canadian franchise industry this year.

TaxAssist Accountants Expands Through Business Acquisition in Olds, Alberta

February, 03, 2025| Franchise News
TaxAssist Accountants, a leading provider of accounting and tax preparation services for small businesses and individuals, is pleased to announce its expansion into Olds, Alberta, through the acquisition of an established accounting firm. This expansion reflects the company’s ongoing commitment to delivering accessible, professional financial services to communities across Canada.

Stratus Building Solutions Now Offering Territories in Victoria, BC!

January, 09, 2025| Franchise News
We are now looking for motivated entrepreneurs interested in starting their own business in the Greater Victoria (including Langford, Saanich, Sidney, Sooke, Metchosin) regions! Stratus Building Solutions is a top international franchise in the commercial cleaning industry that has around 80 regional offices all over Canada and USA. We are ranked as the #1 fastest-growing franchise in the world and #1 commercial cleaning company by the Entrepreneur Magazine.

The Ultimate Franchise Research Checklist

by Kimberly Crossland| January, 07, 2025| Blog Hotspot for Franchise News ...
If one of your resolutions is to plunge into franchise business ownership, this guide is for you. Here is a checklist to use as your compass, guiding you through four critical steps of franchise research.

Healing with Opportunity: Why Healthcare Franchises Are the Future of Entrepreneurship

by Donal Higgins| December, 05, 2024| Franchise Information Center
The healthcare industry has always been a cornerstone of society, offering essential services that improve lives and ensure well-being. In recent years, franchising within the healthcare sector has emerged as a powerful model for entrepreneurs looking to combine profitability with purpose. From urgent care clinics to home health services, healthcare franchises are revolutionizing the way care is delivered while creating opportunities for business ownership. This blog delves into why investing in a healthcare franchise could be the key to a fulfilling and lucrative entrepreneurial journey.

Building Loyalty, Building Success – A Journey from Part-Time to Full-Time

Discover how one Eazi-Business partner turned part-time ambition into full-time success by focusing on what matters most: the customer. This case study highlights the power of building lasting relationships and maximising revenue through upselling.

Part-Time Freedom, Full-Time Rewards with App Development

Imagine achieving the financial freedom you’ve always wanted while working part-time. For 20 hours per week, this Eazi-Business partner focused on app development, a high-value niche, and created a business that not only fits their lifestyle flying small aircraft, but also delivers impressive profits.

What to Ask Yourself Before Becoming a Franchisee

by Kimberly Crossland| December, 03, 2024| Blog Hotspot for Franchise News ...
Has the idea of starting a franchise been on your mind lately? Before taking the entrepreneurial leap of jumping into franchise ownership, let's explore five essential questions to consider.

Why Franchising Is the Perfect Business Choice in Today’s Economy

by Donal Higgins| November, 27, 2024| Franchise Information Center
In an unpredictable economy, franchising has emerged as a resilient business model, offering aspiring entrepreneurs the security of an established brand and a proven system. Whether you’re a first-time business owner or a seasoned professional, franchising provides unique benefits that can help you navigate today’s economic challenges while achieving your entrepreneurial goals. Here’s why franchising is the perfect choice in the current business climate.

Top 5 Mistakes to Avoid When Starting a Franchise

November, 21, 2024| Franchise Information Center
Venturing into the world of franchising offers a unique opportunity to operate a business with the backing of an established brand and a proven business model. However, success in franchising isn't guaranteed, and new franchisees can stumble by making avoidable errors. This article outlines the top five mistakes to avoid when starting a franchise, providing essential insights to help aspiring entrepreneurs navigate their franchising journey effectively.

Navigating the Franchise Landscape

by Donal Higgins| November, 14, 2024| Franchise Information Center
Introduction

How Embracing an Entrepreneurial Mindset Can Boost Your Success as a Franchisee

by Kimberly Crossland| November, 05, 2024| Blog Hotspot for Franchise News ...
Though owning a franchise may not be a 100% entrepreneurial venture, there are principles of entrepreneurship that can help you excel as a franchisee. Here are five core elements of an entrepreneurial mindset that will help you as you become a franchisee.

The Different Kinds of Franchises

Canadian franchising provides an opportunity for people to become involved in entrepreneurship, covering each business sector from food and reaching through fitness and auto care and more. Learn more about the different kinds of franchises in this article!

Key Considerations for Prospective Franchise Owners in Canada

by Donal Higgins| October, 24, 2024| Blog Hotspot for Franchise News ...
Entering the franchise world can be a rewarding venture, but it requires careful consideration and planning. Prospective franchisees in Canada should evaluate critical factors such as location, financial preparedness, and training provisions. The choice of location influences visibility and customer accessibility, making it essential for local market research. Financial readiness is equally important, as starting a franchise often involves upfront fees, ongoing royalties, and operational costs. Many franchisors offer robust training programs, helping new owners understand brand standards and manage their outlets effectively. Evaluating these aspects can set the foundation for a successful franchise journey.

The Role of AI in Modern Franchise Management

by Donal Higgins| October, 16, 2024| Blog Hotspot for Franchise News ...
Artificial Intelligence (AI) is revolutionizing numerous industries, and franchise management is no exception. In an era where efficiency, customer experience, and data-driven decision-making are paramount, AI offers tools that can significantly enhance how franchises operate. From streamlining operations to improving marketing strategies, AI is becoming an integral part of modern franchise management.

Why To Start a Food Franchise in 2024

by Donal Higgins| October, 09, 2024| Blog Hotspot for Franchise News ...
The food industry is one of the most dynamic and rewarding sectors, and opening a food franchise in 2024 presents unique opportunities for both aspiring and experienced entrepreneurs. Whether you are looking to tap into an already successful brand or expand your business portfolio, here are compelling reasons why 2024 is the perfect time to invest in a food franchise.

Tapping Into the Strength of Franchise Training and Support

by Kimberly Crossland| October, 01, 2024| Blog Hotspot for Franchise News ...
What does the training and support look like once you’ve signed the franchise agreement? They look different at every company, but here are some general things you can expect.

Crestcom Recognized as one of the Most Profitable Franchises of 2024 by Franchise Business Review

September, 23, 2024| Franchise News
Franchise Business Review (FBR) has recognized Crestcom as one of just 75 award-winning franchises in its 2024 report on the Most Profitable Franchises. This prestigious list highlights franchise opportunities that offer the best potential for profitability based on feedback from thousands of franchise owners.

How AI Could be Used in Canadian Franchises

by Kimberly Crossland| September, 03, 2024| Blog Hotspot for Franchise News ...
AI might sound a little scary on the surface. However, when put into practice ethically and legally, it can lead to enormous potential and opportunity for both franchisors and franchisees.

Senior Care Franchises: Opportunities in a Growing Market

by Donal Higgins| August, 28, 2024| Blog Hotspot for Franchise News ...
The senior care industry is experiencing significant growth as the population ages, creating vast opportunities for entrepreneurs interested in franchising. With the global population of individuals aged 65 and older increasing rapidly, the demand for senior care services has never been higher. For those considering investing in a franchise, senior care offers a blend of purpose-driven work and financial opportunity.

TaxAssist Canada Welcomes Andrew Westervelt to Beverly, Alberta

August, 27, 2024| Franchise News
TaxAssist Canada is delighted to announce that Andrew Westervelt, a seasoned financial professional with over 25 years of experience, has joined as a Franchise Operator in Beverly, Alberta. Andrew brings a wealth of expertise and a collaborative leadership style that aligns perfectly with TaxAssist’s commitment to providing exceptional accounting and tax services to small businesses and individuals.

Eazi-Apps Unveils a Bold New Chapter of Growth and Innovation

August, 22, 2024| Franchise News
After 12 years of dedicated leadership, Zakir Daud, the founder of Eazi-Apps, is stepping into the Chief Vision Officer (CVO) role. Zakir will continue to guide the company’s future direction, ensuring we remain focused on innovation and opportunity.

Health and Wellness Franchises: Opportunities in a Growing Market

by Donal Higgins| August, 21, 2024| Blog Hotspot for Franchise News ...
The health and wellness industry has seen rapid growth over recent years, driven by increasing consumer awareness about the importance of a healthy lifestyle. For entrepreneurs, this presents significant opportunities in the form of health and wellness franchises. Whether it's fitness studios, health food stores, or wellness centers, the market is flourishing, and now is the perfect time to explore the potential these franchises offer.

TaxAssist Canada Welcomes Shemeka Massiah to its Growing Network

August, 20, 2024| Franchise News
TaxAssist Canada is proud to announce the addition of another of its newest franchisee, Shemeka Massiah, who brings a wealth of experience, leadership, and financial expertise to the growing network. The expansion into Oshawa marks a significant milestone as TaxAssist Canada continues to strengthen its presence across the country, providing top-notch accounting services to small businesses and individuals alike.

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