The Ultimate Guide to Starting a Franchise in Canada
Each article below will get your foot on the ladder and help you start your own franchise business. Start with the basics of franchising and work your way through the franchise agreement, the business plan, the location of the franchise, and more.
You've heard that a franchise opportunity could the right choice for your business ownership goals, but you're confused on what franchising actually is. Don’t despair—this article will take away the confusion.
This article helps answer the most important question for potential franchisees: Why should I buy a franchise?
As part of the franchise agreement, franchisees gain access to training courses relating to their particular franchise opportunity. This is central to the success of the future franchisee as well as the franchise.
A necessary part of finding the funds needed to open your franchise will be the development of a business plan to present to potential lenders.
Before you invest in a franchise, it's important that you take time to consider your own strengths and weaknesses before entering into serious discussion with any franchisor. These questions can assist you in this assessment.
Some questions to consider as you research franchises you may buy.
Taking the time to find the right location for your franchise is crucial to making your business a success.
The franchise agreement is particularly important and should be studied carefully by both the franchisor and in particular the franchisee before signing on the dotted line.