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Showing posts from September, 2019

Thinking of Buying a Franchise in Canada - Consider the Cost Factors

Even those among us that are the most inexperienced in setting up and running a business know that there are varying degrees of monetary investments involved in getting any business off the ground. The business model you choose to go with, the kind of business you choose to make your foray into, infrastructure, hiring, and so many factors determine the cost involved in setting up and operating just about any business, including a franchise in Canada . This blog aims to shed light on the subject of monetary investments required to setup and operate a franchisee anywhere in Canada, bearing in mind the nature of the franchise you choose to buy into. Read further for a comprehensive breakdown of the various cost factors you must consider while thinking of buying a franchise in Canada . Franchise Fee When you buy into a franchise, the franchisor is likely to charge you a franchise fee. This is an initial payment that authorizes you to sell the product or service that the fran