Your Toolkit for Franchising
New entrepreneurs who are looking to start a business often look to franchising to find their next opportunity. For many would-be entrepreneurs, franchising is an interesting opportunity as it offers the chance to be your own boss without taking on
Fancy managing a successful business from home? The Seasons could be the franchise for you This fantastic business is only ‘One day per week and manage your business from home and make a smart return on low initial investment – Upto $35,000 after expenses annual net profit
Having been both a legal practitioner, a franchisor and a master franchisee in Quebec, I have gained a unique perspective on franchising in the province. At a convention a few years back, I was explaining to a successful franchisor how
By Lori Karpman on behalf of Canadian Franchise Magazine. If you ask anyone in the retail industry what the 3 most important elements of success are they will tell you: (1) location, (2) location and (3) location! Where you
By conducting thorough due diligence you increase your chances of making a good decision and of future success. Due diligence is the process of evaluating the prospective business purchase by getting information about the financial, legal, operational and other important
from Lori Karpman, President, Lori Karpman & Associates Ltd. Service franchises are businesses that provide services (as opposed to products), to both individuals and other businesses. Business service franchises provide their services solely to other businesses and are commonly referred to
from Lori Karpman, President, Lori Karpman & Associates Ltd. The restaurant industry has undergone tremendous changes over the past decade, mostly due to the same factors affecting other industries such as technology, increasing consumer awareness, changing lifestyles and economic conditions. However,
from Lori Karpman, President, Lori Karpman & Associates Ltd. Military veterans are one of the largest target markets for franchisors recruiting franchisees and for good reason. Veterans possess a unique skill set that makes them the ideal franchisee; they have the
from Lori Karpman, President, Lori Karpman & Associates Ltd. This summer edition of Canadian Franchise Magazine is dedicated to the health and beauty industry and I could not be more excited about writing this article. With over 25 years of professional,
from Lori Karpman, President, Lori Karpman & Associates Ltd. I have over 30 years of experience in the franchise industry, 20 of which come from foodservice. I have been a franchisor twice as well as a master franchisee of a national
from Lori Karpman, President, Lori Karpman & Associates Ltd. The franchise model is a special one, while franchisees are in operating businesses such as the restaurant, dry cleaning, retail or moving business, the franchisor is in the “franchise business”. Franchising is
from Lori Karpman, President, Lori Karpman & Associates Ltd. Factoring, or “the sale of accounts receivable” is a source of funding whereby a company sells the value of their accounts receivable less a discount in case it doesn’t get collected or
from Lori Karpman, President, Lori Karpman & Associates Ltd. I am a born and bred “Quebecoise”, and proud of it. I grew up and was educated in English in the Province of Quebec. I have lived through the turbulence of the
The Value of Being Prepared Joseph Pisani is Director of National Franchising Services for BMO Bank of Montreal. He can be reached at (416) 927-6025 or via e-mail at joseph.pisani@bmo.com. Franchising and Change Wayne Maillet is a leading Canadian franchise