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Top tips for franchise success

Plan Be Your Own Boss: It’s not too late to invest in a franchise

  If you dream of launching a new career as a business owner, buying a franchise could be your best bet. Franchising is one of the most viable ways to run your own profitable business without some of the risks that comes with being an independent business owner. Here are the three biggest reasons why you should launch your second career as a franchisee: 1. Minimized risk Buying a franchise eliminates the guesswork that comes with starting a new venture from scratch. Backed up by an experienced franchisor, you’re part of a proven system, which means you’ll avoid a lot of the errors a typical business owner would face. More importantly, customers already recognize your brand, which increases your odds [read more…]

The Franchisees of the Future: Why You Should Consider Franchising in your Youth

    You’ve got the drive, determination and the entrepreneurial spirit, but is it possible for youth, with little business experience or money, to manage a franchise operation successfully? Should young people in their 20s and 30s invest in franchising? Here are four main reasons youth should strongly consider it: 1. Strong Foundation For one, starting a franchise is considerably more secure than starting your own business. When strong branding, management and marketing already exist, it’s easier for you to make a good return on your investment and achieve profitable growth. 2. Minimal Experience When you become part of a franchise system you follow a tried and proven business model. Which means, you don’t necessarily have to acquire the years [read more…]

Ring in the New Year with FranchiseCanada’s Annual Trends Issue

There’s no better way to start 2018 than with the January/February issue of FranchiseCanada! Now available online and at retailers across the country, the annual trends issue is a must-read for anyone seriously considering franchising. With an exclusive look at which franchise systems are poised for success in 2018, readers will be well-equipped to make an informative decision about their future in the industry and determine the next steps they should take to make their dreams of business ownership come to life. From a look at the current Canadian franchising landscape to the franchise systems making a strong impact on the industry today, the trends issue has everything you need to know about joining a successful franchise! Additional features in the [read more…]