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Understanding the Franchise Agreement

Understanding the Franchise Agreement
A franchise agreement is a contract, which is entered into between the franchisor, and the franchisee and sets out the relationship between the franchisor and franchisee. The franchise agreement will usually appear biased towards the franchisor, which is necessary for the franchisor to maintain control over the franchise system. A [...]

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The Pros and Cons of Buying a Franchise

The Pros and Cons of Buying a Franchise
Pros of FranchisingReduced RiskFranchising does not guarantee success, but a good franchise should help reduce the chances of failure.
A Proven SystemWith a tried and tested operating system, the franchisee loses the obstacles and gains the opportunities. A franchisee should receive a completely proven system that includes initial [...]

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The Importance of Location

The Importance of Location
The location of your business is as important to your success as having a good product to offer to your customers. For retail businesses in particular, the location can make - or break, the business. It is important that the demographic profiles of people who work or live in the [...]

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The Difference between Franchising and Licensing

The Difference between Licensing and Franchising
The primary difference between simple trademark licensing and package franchising is in the type and degree of control exercised by the franchisor and licensor. The trademark licensor is interested in the quality of the final goods produced by the licensee, not in the licensee’s method of operation. The kind of [...]

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Qualifying as a Business Immigrant

Qualifying as a Business Immigrant
Canada welcomes business immigrants who have the ability and resources to invest in or establish businesses in Canada. During 1998, business immigrants invested more than $437 million in Canada. The Business Immigration Program allows immigrants to enter Canada provided they meet the program’s criteria and strictly follow the ministry [...]

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Qualifying as a Business Immigrant(2)

Qualifying as a Business Immigrant
Canada welcomes business immigrants who have the ability and resources to invest in or establish businesses in Canada. During 1998, business immigrants invested more than $437 million in Canada. The Business Immigration Program allows immigrants to enter Canada provided they meet the program’s criteria and strictly follow the ministry [...]

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Franchising in Quebec

Franchising in Quebec
LanguageThe Charter of the French Language contains a provision which states that contracts pre-determined by one party or contracts that contain printed standard clauses (e.g., franchise agreements), together with related documents, must be drafted in the French language.
Every person whose name is in a language other than French must disclose the French [...]

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Franchise Legislation

Franchise Legislation
Until 1997, Canada had been relatively free of franchise legislation, with Alberta being the only province in Canada to have legislation directed specifically at franchising. However, the increasing number of law suits between franchisor and franchisee has prompted other provinces to re-assess the need to introduce some form of franchise legislation. On [...]

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