Franchising is a proliferating business model in Canada. Helping businesses open more and more units across the continent, franchising is the support prop of expansion plans. If you are looking to join the franchise league as a franchisee, then there are some things you must know. First of the things to learn before going any further is whether you qualify as a franchisee. Now the requirements vary from one franchisor to another, but to help you gain an overview, there is a typical version of the qualifying requirements of franchises available in Canada . Credit Score: Let’s start with the most vital criterion of all. As a franchisee, you need to have a decent credit score. Although the bar goes up and down with every franchisor, generally, you need to have an above average score. But a high score is ideal to have when applying as a franchisee, even though you may qualify with a medium rating too. Cash in Hand: As a person looking to start a franchise, you need to have a fund on...
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.