The question that gets asked the most about becoming a franchise owner is always the same: “How much money can I earn as a franchise owner?” Owning a franchise in Canada offers many clear benefits to entrepreneurs that include operational support and tapping into a loyal customer base, but the issue about earnings can be [...]

Licensing and franchising are two popular types of business models that have been the launching point for many small businesses. They both offer new entrepreneurs a degree of safety that comes from the association with a big brand that has an established clientele. However, these two business models are very different from each other.  If [...]

With over 76,000 franchises across the country, franchising is a business model that is widely successful in Canada and throughout the world. A franchise can provide immediate benefits to a first-time small business owner that they would otherwise not receive.  The simplest way to explain franchising is to compare it to following a recipe from [...]

Every aspiring entrepreneur knows that buying a franchise is a great business opportunity. Joining a franchise offers benefits like increased brand recognition, franchise assistance, and the opportunity to be your boss. While these facts are well known, a question that often gets overlooked is: When is the best time to buy a franchise? While situations [...]

“Failure” is a word that most entrepreneurs would rather not understand. But to achieve the goals that we set for ourselves, it is necessary to be deeply familiar with its meaning. And that’s how it goes for franchising, an industry that – yes, it’s true – does experience failure. As much as we plan for [...]