Canadian Franchise

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Can my Business Become a Franchise?

from Wayne Maillet, President, Franchise Specialists. If you have a successful business and are looking to grow and distribute your product or service to more customers, then franchising may be a viable option. Franchising is a growth business model that allows you to increase your points of distribution and increase market share by granting licenses to… Continue reading Can my Business Become a Franchise?

10 Common Franchising Mistakes to Avoid

from Wayne Maillet, President, Franchise Specialists. With most franchise systems, you will discover that there is often a big variance in success between franchise owners and locations. In many systems there are franchisees that are substantially more successful than others. Other franchisees may be struggling. Why? What are the successful franchisees doing different? It may be… Continue reading 10 Common Franchising Mistakes to Avoid

FINDING THE RIGHT FRANCHISE FOR YOU

Wayne Maillet’s New Handbook Helps Readers Reach Their Franchising Goals “The Stat” is known to the franchising industry as “the notion that franchises have a success rate of 90 to 95 percent.” This belief has lead novice entrepreneurs to jump on board and start their own franchise businesses – usually finding that success is not… Continue reading FINDING THE RIGHT FRANCHISE FOR YOU

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Overcoming the Risks of Entrepreneurship

from Wayne Maillet, President, Franchise Specialists. A year ago a good friend asked me to assist her in researching an independent distribution business which was for sale. It was a business that had been established for 10 years, had 6 long term employees, several long standing clients, and was profitable. I assisted my friend in reviewing the… Continue reading Overcoming the Risks of Entrepreneurship

Top Ten Qualities of a Successful Franchisee

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

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