Canadian Franchise

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Buying a Franchise from a U.S. Franchisor

from Ned Levitt, senior partner, Dickinson Wright LLP. In the world of franchising, Canada occupies a unique position. Geographically, we share a common border with the U.S. franchise behemoth, as does Mexico, but Canadians are more like Americans than any other people on the planet.  This means that American franchise successes are more likely to… Continue reading Buying a Franchise from a U.S. Franchisor

How Can You Tell the Good Franchisors from the Bad?

from Ned Levitt, senior partner, Dickinson Wright LLP. The success of a franchise system and the contentment of the franchisees in the system are very much a product of the character, strengths and weaknesses of the franchisor. A franchisor, to be successful, has to become an expert in the business of franchising, as well as… Continue reading How Can You Tell the Good Franchisors from the Bad?

What to Look for when Valuating a Master Franchise or Area Development Opportunity

from Ned Levitt, senior partner, Dickinson Wright LLP. Careful consideration and thorough due diligence is critically important in the purchase of a single franchise. For the purchase of master franchise rights (the right to sub-franchise to others) or area franchise rights (the right to open multiple single franchise units in a given area) there is… Continue reading What to Look for when Valuating a Master Franchise or Area Development Opportunity

Why Should you Franchise your Business?

from Ned Levitt, senior partner, Dickinson Wright LLP. Expanding your business through franchising is neither as hard nor as easy as most people think. Myths and misunderstandings about franchising are plentiful and potentially very, very dangerous. It is not a “license to print money” rather it is one of several distribution methods that businesses can… Continue reading Why Should you Franchise your Business?

Buying into The American Dream

from Ned Levitt, senior partner, Dickinson Wright LLP. In the world of franchising, Canada occupies a unique position. Geographically, we share a common border with the U.S. franchise behemoth, as does Mexico, but Canadians are more like Americans than any other people on the planet. This means that American franchise successes are more likely to… Continue reading Buying into The American Dream

Buying a Franchise: New Systems Versus Mature Systems

from Ned Levitt, senior partner, Dickinson Wright LLP. Buying power, name recognition, expertise (both in the business and in the business of franchising), advertising clout and research and development are some of the benefits prospective franchisees expect when buying a franchise. With the newer systems, these benefits may not materialize for several years, if at all. There is no question that the risks for franchisees in the start-up… Continue reading Buying a Franchise: New Systems Versus Mature Systems

Harnessing AI To Enhance Your Franchise Business

Edwar(Ned) Levitt & Richard Schuett

Artificial intelligence (AI) is transforming business. Sophisticated franchises are using it to create efficiencies and drive growth.   Businesses are using AI more than ever before. In a recent workplace survey of 13,000 people across 18 countries, 50% of respondents said their company was using AI – up from 22% just five years ago. Businesses… Continue reading Harnessing AI To Enhance Your Franchise Business

Options for Growing a Franchise System

Edwar(Ned) Levitt & Richard Schuett

Growth is at the very essence of franchising.  It is a more efficient method of distributing products or services than other methods because of its ability to quickly grow the business throughout broader geographical territories. While growth will fuel the financial success of a franchise system, it can also lead to its demise.  Many failed… Continue reading Options for Growing a Franchise System

Expert Advice

Expert Advice The Do’s and Don’ts of Financing a Franchise Author: Kenny Chan, Vice President, Content & Marketing The Canadian… Read More How Much Money Can I Make? A common question asked by prospective franchisees that are reviewing… Read More Multi-Unit Franchising Multi-unit franchising has been around almost as long as franchising… Read More Entrepreneurism-alive… Continue reading Expert Advice

Multi-Unit Franchising

Edward (Ned) Levitt

Multi-unit franchising has been around almost as long as franchising itself.  Today, this type of franchise model is commonplace and may, in the future, eclipse the traditional “ma and pa” unit franchise approach to growing a franchise system. A multi-unit franchise occurs where one franchisee owns and operates a number of units in a franchise… Continue reading Multi-Unit Franchising