from Darryn McAuliffe, Industry Solutions Executive, NAB Franchise Banking. Whether it is a natural career progression, or a change of lifestyle that you’re looking for, making the decision to buy a franchise can be an exciting yet daunting one. Many individuals are achieving business success by opting into franchises that offer a proven business model… Continue reading Finding and Buying the Right Franchise for You
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 sovereignty calls, the language laws, and the economic situation it has created. Notwithstanding all that,… Continue reading Business in La Belle Province – Can You Really Afford to Ignore it?
from Joseph Pisani, Director of National Franchising Services, Bank of Montreal. If you are in the process of buying a franchise or have plans to expand your existing location, chances are you will seek some level of financial assistance. In most situations, this scenario would require that you submit an application for financing to your local… Continue reading Financing Your Franchise: The Five C’s of Obtaining Credit
Every penny really does count for the Tim Horton Children’s Foundation. Each year, the Foundation collects almost $1 million in pennies dropped into collection boxes at Tim Hortons restaurants across Canada. Tim Horton Children’s Foundation is asking Canadians to give their remaining pennies a fond farewell by donating them to support kids in need across… Continue reading Penny for a brighter future: Tim Horton Children’s Foundation
from Wayne Maillet, President, Franchise Specialists. Over the years great franchise companies have become more selective in whom they grant franchises to. Strong franchisors know the qualities of successful franchisees and will watch for them as they recruit new franchisees into the system. They might do this through interviews, aptitude tests and/or observation. Franchisors recognize that… Continue reading Top Ten Qualities of a Successful Franchisee
Jerome Pulcine had an eye to retirement last April when he bought the rights to convert his existing decorating business into a franchise and hold the master franchise rights in Ontario for Decorating Den Interiors. He is part of a trend being seen in Canadian franchising. Baby Boomers are increasingly buying up franchises or considering… Continue reading Why Baby Boomers are Making Franchising Part of their Retirement Plan
from Joseph Pisani, National Manager of Franchising Services, Bank of Montreal. Purchasing a franchised business is not an easy process. As a prospective franchisee, you must take your time, performing a great deal of research and due diligence before finally making the decision to buy. Following this decision, your focus will turn to financing and the… Continue reading How to Understand Banks and Franchising
from John Woodburn, President of C.J. Woodburn & Associates. As a prospective franchise business owner, you’ve read everything you can get your hands on. You’ve learned to: Get Disclosure Document and comments from franchisor – read carefully! Talk personally to many existing franchisees. Ask for a location – franchisor or real estate agent. Assuming you’ve… Continue reading Is Your Franchise Location an Asset or a Liability?
from Michel Gagnon, President and Senior Consultant, Davier Consultants Inc. A few years ago on a trip to some North African and Middle East countries, we presented a series of seminars on franchising to local business people. With the support of the regional Canadian Embassy Trade Commissioners, we were witnesses to a growing trend to… Continue reading How to Find Opportunities in International Franchising
If you’re an automotive enthusiast, you’ve probably already heard of Northside Autosports. They are the main brand operating under the parent company of Northside Alliance Group (NAG) and are known as Canada’s fastest growing aftermarket automotive chain – with good reason! The reason behind that claim is simple. Northside Autosports are doing what no one else… Continue reading Northside Autosports is Calling All Automotive Enthusiasts!