Building a business from ground up is a daunting prospect that is fraught with challenges and risks of all sorts, the greatest of which is the risk of failure. Starting as a franchisee however is a far safer proposal than the first. But, regardless of the risk rate, it is important that you accumulate as much information possible about franchises in Canada before signing up as a franchisee. There is some information that may help diminish the risk factors to a safe level. Let’s take a look at the checklist of information that one must have in hand before starting out as a franchisee. The Money Involved This is where giant corporations lose a lot of people. Most big-buck brands have costly investment requirements that, more often than not, turns out to be unsuitable for small investors and startup enterprisers. So, before you get your hopes high about a particular brand, be sure to know their franchise fee. To that, add the cost of setup and staffing and what you have is a rou...
A consumer Digital Magazine giving advice for potential franchisee's before they buy. Packed full of the leading finance (Banks) for financial advice franchise Lawyers and major consultants in Canada. CGB Publishing has operated and published the best franchise advice in Canada Since 1994. Members of the International Franchise Association.