NewsCase StudiesEvents

Buying A Franchise in Canada

Canada

Buying A Franchise in Canada

Canada related forum posts

 

  1. WHERE CAN I BUY COUNTERFEIT MONEY (‪whatsapp +447436442801)

    Buy high-quality undetectable grade AA+ counterfeit money Online, real fake passports,id cards,drivers license WhatsApp: ‪+447436442801Genaral Support: darkmarketsuppliers@europe.comWith the COVID-19 pandemic which may trigger a global recession, we produce authentic currency bills of USD$,British PoundsŁ and Euros€ with different serial numbers on each bill. We have i

    Total Posts: 1 Last post by genuinneproducts

  2. Set up a company in Canada

    We are incorporated in India and want to establish a new company or subsidiary company in canada (Which ever is recommended)

    Total Posts: 3 Last post by aladjihassan

Franchising In Canada

Franchising is the licensing out of a business name, product, technique, philosophy, trademark, etc, for a percentage of the income. Instead of setting up new outlets as part of your expansion, you license your existing business blueprint out to franchisees who then set up and manage it for you.

The benefits of franchising your business in Canada include: more freedom, as the franchisee takes on major responsibilities; minimal expense; lower cost and higher profits; potential for fast growth; brand building.

Disadvantages of franchising a business in Canada: although few, rely predominantly on your franchisees. They include: poor quality franchisees; franchisees not declaring all income; poor performance.

Canada has nearly 80,000 franchises nationwide, operating under more than 1,000 brand names and contributing US $85.4 billion to Canadas GDP. Canada is home to the second largest franchise market worldwide, second to the United States and one of the largest per capita franchise markets. Within its vast regional franchise landscape, 85% of franchises operating in Canada are located in the three most populous provinces, Ontario, Quebec, and British Columbia. Franchising is undergoing an exceptional growth period, confirming to be a profitable way to expand a business in Canada.

Click here to Ask an Expert about Buying A Franchise in Canada

Organisations that can assist with Buying A Franchise

    You are not logged in!

    Please login or register to ask our experts a question.

    Login now or register.