Buy A Franchise in Canada
Canadians seeking to enter the world of franchising would be wise to heed some friendly advice. While many franchises brands do offer Canadian availability and may indicate long track records of success , US based successes may not translate in the Canadian marketplace. Our respective countries are two distinct markets with different laws, societal mindsets, […]
Making Money from Chow
Fast Food Franchises Everyone wants to own the golden arches. And historically the brand has been the one to beat. But the times they are a changin’ and unless a savvy food franchise investor examines both social and industry trends they may bite of more than they can chew. Threats facing fast food franchises: […]
Franchise Opportunities for Women and Minorities
There are no shortage of franchises that promote themselves as excellent matches for certain segments of the population. “Veteran” franchises “women” franchises “minority” franchises and more. Make no mistake that in most cases a franchise is aligning itself with a specific demographic only in order to increase market share. That isn’t necessarily a bad thing, […]
How Much Does it Cost to Buy a Franchise?
Initial investment amounts for franchises vary greatly. There will typically be 2 components involved in the franchise acquisition process, the franchise fee itself as well as any equipment, inventory or build out costs if applicable. Using McDonald’s as an example we see that their standard franchise fee is relatively low at only $45,000. This figure […]