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The Pros and Cons of Franchising
Lots of things have two sides. Daylight and darkness, divorces, criminal trials and politicians are just a few. Accepting the bad with the good can often be the key to a successful life and retaining...
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Franchise Ownership – 5 Common Myths
Trying to figure out if franchise ownership is right for you can be very confusing. You will find websites that paint a very grim picture and tell you not to become a franchise owner, while others make...
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A Franchise is . . . a Dream or Your Worst Nightmare?
For some individuals, a franchise is a dream because of the success achieved, while for others, that same franchise is their worst nightmare. So why do you see these extremes within the same franchise...
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Want to Open a Franchise in Canada? Calculate the Franchise ROI First
The costs to open a franchise (and operate it) is a key factor in calculating the franchise return on investment (ROI). ROI is one measure of considering profits in relation to the capital invested. It...
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Looking to Buy a Franchise? 6 Big Mistakes to Avoid
So, you’re looking to buy a franchise and you are wondering where to start. One of the most important principles you need to adopt is “learn from the mistakes of others”. There is no need for you to...
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6 Things to Learn from Tim Hortons Franchise Success
Not every franchise can be named for a hockey legend like a Tim Hortons Franchise. Miles Gilbert "Tim" Horton Not every franchise can instill a bit of Canadian pride each time customers visit. Not...
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5 Reasons Why Cheap Franchises May Be a Good Choice
Cheap is a word with a bad reputation. Just like humans with bad reputations, they’re sometimes justified and sometimes not. Substitute the words, “low cost” or “inexpensive” and the cheap reputation...
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Top Franchises in Canada – Key Characteristics
“Beauty is in the eye of the beholder.” So, who made that famous pronouncement? Google the quote and you’ll probably get a half-dozen answers — none of which may be right. Different people possess...
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Trying to Find the Best Franchises in Canada Can be a Little Scary
Looking for the best franchises in Canada? Sometimes the best are not the most obvious in the franchise wilderness. As with anything worth pursuing, thorough investigation and market research are a...
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Franchise Canada – 7 Things You Should Know to Avoid Ignorance
Eliminate ignorance and you just may realize your dreams with a franchise in Canada! Have you ever heard the old saying, “Ignorance is bliss?” The person who originated the saying probably died...
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Four Key Principles of the Most Profitable Franchises
Finding the most profitable franchises is more about common sense than luck. The most profitable franchises in the world have many things in common. Their consistent success year after year, their...
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5 Tips for Identifying a Good Franchise Opportunity
Finding a good franchise requires you to be able to separate the wheat from the chaff. Buying a franchise can put you on the fast track to operating a successful business, along with all the rewards...
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The Most Successful Franchises Sometimes Have a Split Personality
The most successful franchises combine some of the best traits of both Mother Teresa and Donald Trump. The most successful franchises can be like Mother Teresa on one hand – kind, patient and dedicated...
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A New Franchise: Two Sides To One Coin
Is investing in a new franchise a wise decision or a recipe for disaster? The most direct answer to both questions is: Yes. As with any investment, starting out with something that is fairly unproven...
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Hatching the Best Results From Your Franchise Investment
A franchisor just sold you an egg. You paid for it and it is yours — to a certain extent. Contained within the shell is the franchise idea, brand, concept, marketing plan, business ideal and method to...
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The Most Popular Franchises — By Whose Standards?
Have you ever been disappointed by a well-hyped movie? How about a disappointing meal in a new restaurant that has rave reviews by the foie gras crowd? One size does not fit all. Popularity depends on...
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